Economic Growth: Recent Developments

February 2012
United States Country Monitor;Feb2012, p5
Country Report
The article offers an outlook for the global economic developments for 2012. It anticipates the weakening of the euro as a result of the recession in the Eurozone economy, and expects additional interest-rate cuts from the European Central Bank. It also projects that the consumer price index (CPI) inflation will decline to 1.6% from 3.1% in 2011. It further predicts that bond yields will grow between 2.0-2.5%.


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