Economic Outlook Dec 2015
As we approach the last month of the year, we want to keep you current with the latest news and investment insights from reputable asset managers. Consider the main points below from the Alliance Bernstein Global Economic Outlook for the end of 2015.
Global Economy: Global growth remains below average, but a turn in manufacturing activity may portend a better 2016.
United States: Strong labor market data should compel the Federal Reserve to raise interest rates in December.
Europe: Growth remains solid, but the ECB’s concerns about persistently low inflation mean further monetary easing is imminent. A cut in the deposit rate is possible.
Japan: The BOJ passes (again) on an opportunity to ease policy further. Additional stimulus is likely to be of the fiscal, rather than the monetary, sort.
China: The return of strong housing demand raises hopes for new investment next year.