global economics 2017

world growth

Global Economics: Regime Shift

BoAML | We look for another year of muddling through, with a slight pick-up in global economics growth and a normal risk of recession.Aggregate demand is starting to outstrip feeble aggregate supply: look for a modest pick-up in global core inflation. The main risk to global growth comes from US: a big fiscal push could cause the economy to overheat.