Global Economics

Global Economics

Global Economics Chart Book

6 July, 2017

Low-inflation recovery continues

Advanced economies grew fairly rapidly in the second quarter, with GDP growth likely to have rebounded strongly in the US, Japan and the UK and to have accelerated a little in the euro-zone. This in turn has led to a further reduction in the aggregate unemployment rate in advanced economies. However, there is little sign that wage pressures are rising. What’s more, core inflation has actually fallen in the past few months, particularly in the US. For now, policymakers have focused on the rece

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