US Federal Reserve Bank of Dallas – Global Growth Outlook Reflects Sustained Recovery
Global growth accelerated in 2017, supported by strengthening labor markets and external demand. Although inflation concerns among advanced countries abated, risks remain and are mostly tilted to the downside.
Concerns are centered on trade policy changes and entrenched protectionist attitudes, uncertainty about shifting U.S. policy and its global spillovers, and the consequences of tighter global financial conditions and asset volatility.
High levels of public and private indebtedness, political and geo-political risks, and uncertainty about the strength of the cyclical recovery also weigh on the outlook.
Globalization Institute
The Federal Reserve Bank of Dallas established the Globalization Institute in 2007 for the purpose of better understanding how the process of deepening economic integration between the countries of the world, or globalization, alters the environment in which U.S. monetary policy decisions are made. The Institute’s mission is to produce research that sheds light on important policy questions and meets the highest standards of the peer-reviewed literature.
READ MORE >> https://www.dallasfed.org/institute/update/2018/int1801.aspx
READ PDF >> https://news.gcase.org/wp-content/uploads/2018/02/us-federal-reserve-global-forecast-2018.pdf
READ MORE >> http://www.imf.org/en/Publications/WEO/Issues/2018/01/11/world-economic-outlook-update-january-2018
SOURCE: US Federal Reserve Bank of Dallas
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