Brocker.Org: Fed’s Brainard: Upward revisions to global growth will continue

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Speaking at a panel at the Center for Global Development, Lael Brainard, a member of the Fed’s Board of Governors, argued that upward revisions to global growth will continue, posing fewer risks for the U.S.

Key quotes:

  • Growth in the Eurozone is solid
  • Emerging markets are doing better
  • Markets and policymakers are aware of how important China is for global economy
  • Downside risks from foreign economies is showing improvement

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