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The Week Ahead for the Global Economy and Markets
The past week – marked by a heavy schedule of data releases, high-level meetings, and official statements – did little to reconcile fundamental differences of opinion on issues with systemic implications for the global economy. These spanned important areas from the outlook for the US economy and the appropriate monetary policy response to the looming question of the Federal Reserve's next leadership, the evolving China-US tariff situation, and the resolution of major conflicts around the world. US economic data painted a mixed picture. Softer-than-expected CPI inflation and solid retail sales figures contrasted ... (full story)