Inflation drop spurs global growth
Second-half forecasts depend on no new surprises from oil and food prices.
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Economists are grappling with a new paradox – growth running above the average trend and inflation tracking below it. This is a virtuous spiral that is pushing up corporate profits and business confidence as well as capital spending (capex) and employment.
This phenomenon is worldwide. JP Morgan
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Nevil Gibson
Fri, 04 Aug 2017
Fri, 04 Aug 2017
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Inflation drop spurs global growth
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