Deutsche Bank WM: “Growing pains” visible in US, Europe and China

25 July 2017 | 3 minutes read

Deutsche Bank Wealth Management says major economies are experiencing “growing pains”, with the US seeing slower growth, Europe facing inflation concerns and China having to rein in financial risks. Three-quarters (75%) of economists who contributed to a recent Bloomberg survey expect 2Q17 GDP growth in the US to come in at 2.4-2.8%. With first-quarter growth at just 1.7%, this means…

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