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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

30 Nov 2016 (AFR) – OECD sees resurgent US growth lifting global economy

(30 November 2016, AFR, p11, by Leigh Thomas)

‘Global growth will pick up faster than previously expected in the coming months as the Trump administration’s planned tax cuts and public spending fire up the US economy, the OECD said late on Monday (AEDT), revising up its forecasts. In its twice-yearly Economic Outlook, the Organisation for Economic Cooperation and Development estimated global growth would accelerate from 2.9 per cent this year to 3.3 per cent in 2017 and reach 3.6 per cent in 2018.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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