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Tag Archives: Congressional budget office

This latest round of eurozone “crisis diplomacy” is set against a backdrop of growing evidence that the world economy is slowing. For weeks, global stock markets have been treading water, remaining relatively buoyant but on extremely low volumes, waiting for the QE lifeboat.

It really does seem as if every financial analyst in the world is fixated on the big central banks, anticipating the moment when the US Federal Reserve, the Bank of England and – as Berlin finally capitulates – the European Central Bank fire-up their virtual printing presses.
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