The next movement in interest rates is widely anticipated to be down across the US and Europe in lie...
The next movement in interest rates is widely anticipated to be down across the US and Europe in lieu of any tangible improvement in economic fundamentals. April's global lead indicators disappointed optimists by providing little evidence the global economy has improved since the end of the Iraq war. Jim O'Neill, economist at Goldman Sachs, notes: 'Most of the data released in the past month supports the notion that growth momentum through April was close to zero in the major economies. The main production indicators are still very soft. US initial unemployment claims continue to climb ...
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