The Traderszone Network

Published in TZ Latest News 18 December, 2015 by The TZ Newswire Staff

Prospects still slim for major global economic pickup

LONDON/BRASILIA/BENGALURU (Reuters) – The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low. The U.S. Federal Reserve’s long-awaited rise in rates from zero showed confidence in the world’s largest economy, but rival China is still struggling for a foothold with rate cuts.

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