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International Economic Update: Global Growth Remains Restrained, Policy Uncertainty Heightens

Tuesday, February 14, 2017 6:22
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from the Dallas Fed

– this post authored by Enrique Mart’nez-Garc’a and Kelvinder Virdi

Global growth remains tame amid shifting policy priorities and related policy uncertainty. Downward risks to the outlook center on: The policy shift expected under the new U.S. administration, the possibility of a less-gradual normalization of U.S. monetary policy, China’s fiscal space (and credit deepening) to continue providing stimulus to its economy and global spillovers from these developments.[1] Protectionist pressures in some advanced economies are also cited as a key concern.

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