Report | Robust Global Economic Environment for June 28, 2018
The global economy looks set to rebound from some early weakness in 2018. Fiscal stimulus should propel U.S. growth which will support the global economy. Monetary policy around the world remains out of step, reflecting different economic realities. The U.S. economy is further along in the cycle than other economies which is why the Fed is raising rates while other major central banks around the world are standing pat. Global trade looks set to grow this year if U.S. trade policy does not create too much of a disruption. Ultimately, the U.S. CRE market will take its cues from the U.S. economy, but many of the risks to the global expansion result from U.S. policy decisions.
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