Q3 2016 Global Economic Overview
Many central banks continued to struggle to improve economic growth and stimulate inflation via increased quantitative easing (QE) initiatives. At the same time, promised fiscal stimulus packages in many countries have been slow to build momentum. These delays were the result of increased political uncertainty, including the pending U.S. federal election, more posturing on the potential for a “hard Brexit”, continued terrorist activities, and political scandals in select emerging market countries.
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