Global Data Pod Weekender: Growth is picking up and rotating away from Europe

This week’s news supports our view that Asia – alongside the US consumer – will lead an acceleration in global growth this quarter. However, we have lowered our Euro area GDP growth forecast this week as a new wave of infections is rising across Europe – a development which raises concern for the entire North Hemisphere as we move towards winter. On the policy front new fiscal stimulus is coming in Japan while we now expect two Fed hikes in 2022.

Speakers:

Bruce Kasman

Joseph Lupton

This podcast was recorded on November 19, 2021.

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