Latest forecasts from the OECD 13 March 2018
- 2018 global growth at 3.9% vs 3.6% prior
- 2019 3.9% vs 3.6% prior
- US 2018 GDP 2.9% vs 2.5% prior. 2019 2.8% vs 2.1% prior
- Eurozone 2018 2.3% vs 2.1% prior. 2019 2.1% vs 1.9% prior
- UK 2018 1.3% vs 1.2% prior. 2019 1.1% unch
- Japan 2018 1.5% vs 1.2% prior. 2019 1.1% vs 1.0% prior
- China 2018 6.7% v s6.6% prior. 2019 6.4% unch
Big upward revisions to global growth and the US. We’re bordering on boom times here 😉
Comments;
- Trade war could threaten the global economic rebound and would be fairly damaging
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