The Forward View – Global: November 2017

Advanced economies to drive lift to above trend global growth.

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Overview:

  • Global upturn continues, with growth next year set to just beat its long-term trend.
  • Inflation remains subdued and financial markets calm, little need for aggressive central bank moves on policy.
  • Market volatility and economic policy uncertainty both fade as probability of severe “tail risk” events marked lower.
  • Big Pacific rim metro areas display similar housing affordability problems as their list of $ million plus suburbs grows

 

For further details, please see the attached document.