Extending the Long and Winding Road of the Business Cycle
Also Interesting
2019 Global Economic Outlook
- We expect the key macro theme next year will be re-convergence of global growth rates, but there are several “ifs.”
- The US Federal Reserve needs to resist the temptation to push real policy rates back toward past levels of neutral.
- China needs to diversify the range of tools used to lean against the negative impact of US tariffs on Chinese goods and stimulate private sector growth.