Global Economics

Global Economics Chart Book

5 July, 2018

Global growth rebounds despite “trade war” fears

With the US and China poised to impose tariffs on each other in the coming days trade tensions look set to ratchet up further. But the world economy is still doing well. We estimate that global economic growth picked up a bit in the second quarter and that it rebounded in all of the four major advanced economies. Against this backdrop, central bankers will probably continue with policy normalisation. The ECB is now committed to ending its asset purchases by December, provided there are no major downside

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