Swiss Economicblogs.org
Published: 16th December 2015 Download issue: A case of lacklustre Goldilocks The coming year can just about be described as a ‘Goldilocks’ environment (not too hot, not too cold), but not a very appealing one. It is likely to be characterised by weak inflation, an absence of momentum in economic growth, concerns about the effectiveness of monetary policy, ongoing weakness in emerging markets, and periods of elevated volatility in financial markets. This scenario for 2016, as outlined in...
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