Pictet WM raises 2017, 2018 US GDP growth forecasts

On the back of stronger US growth momentum in the fourth quarter, Pictet Wealth Management has raised the country’s GDP growth forecast for 2017 and 2018 to 2.3% and 2.0%, up from 2.2% and 1.7%, respectively. “Global growth is picking up and it seems to be providing a stronger impetus to the US economy than we expected, both directly via…

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