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Reports5 December 2017
Our answers to December’s big questions
The US has been the main engine for growth in the global economy but things are changing. Growth expectations across Europe, Japan and emerging markets have been revised up but inflation rarely gets a mention.
Executive summary
There is a wave of optimism on activity and jobs but inflation remains the elephant in the room.
Markets are tentative on the prospect for higher interest rates and given the improving growth story, this could be a risk, particularly for bond markets next year.
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more