US economy to lead global recovery, according to F&C

Professional Adviser
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markets & strategies

The global economy should strengthen, led by improvements in the US economy and the fall in oil prices, diminishing geopolitical worries and rising confidence, according to market research conducted by Foreign & Colonial. The upbeat report noted there is little chance of the global economy suffering a long, drawn-out and damaging period of deflation. According to Andrew Hornig, chief strategist, there is a reassuring picture in the UK, where inflation remains above the Bank of England's ceiling and demand is healthy. In addition, reflationary monetary policy in the US reinforce...

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