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8 Jan 2015
US to support global growth amidst current scenario – NationalBank
FXStreet (Barcelona) - The Strategy Team at National Bank, anticipate global GBP growth to accelerate to 3.5% in 2015 on the back of improving U.S demand and strengthening USD.
Key Quotes
“While stagnation in the eurozone and rebalancing policies in China will again restrain the global economy in 2015, growth should nonetheless be well supported thanks to a triple boost in the form of improving U.S. demand, a stronger U.S. dollar, and lower oil prices, all of which bode well for emerging economies. Moreover, low inflation will allow central banks in most major economies to assist growth by keeping monetary policy highly accommodative. We expect global GDP growth to accelerate to 3.5% in 2015.”
Key Quotes
“While stagnation in the eurozone and rebalancing policies in China will again restrain the global economy in 2015, growth should nonetheless be well supported thanks to a triple boost in the form of improving U.S. demand, a stronger U.S. dollar, and lower oil prices, all of which bode well for emerging economies. Moreover, low inflation will allow central banks in most major economies to assist growth by keeping monetary policy highly accommodative. We expect global GDP growth to accelerate to 3.5% in 2015.”