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Published on Tuesday, May 18, 2010

Global Economic Outlook. Second Quarter 2010

The global economy is driven by two conflicting forces: the positive cyclical impulse from emerging countries and the US, and heightened risk premia spreading from Europe. The EMU rescue package reduces uncertainties in the short-run. Growing divergence in monetary exit strategies looking ahead: a gradual approach in the US; no clear timing for the exit […]

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