Q2 2018 Global Economic Overview

Overall world economic growth in the quarter appears to have slowly decelerated after two consecutive quarters of 3 .5% annualized growth . This deceleration seems to have bypassed the U .S . economy, which was bolstered by tax cuts, increased fiscal spending, and a tightening labour market. U.S. President Donald Trump’s current and forthcoming trade tariffs have significantly added further downside risks to global growth.

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