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What is the general trend of global economy in 2018?

What is the general trend of global economy in 2018?

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Answer #1

Global economy is on the path of decent growth of around 3% led by improving macroeconomic indicators on account of lower unemployment, rising industrial production and higher commodity prices.

US economy is doing good and is likely to improve further in 2018 because of better economy reading on various fronts and also positively impacted by the US tax cuts recently. Europe is also recovering and China is also expected to show good growth in 2018.

There is only risk of expected rise in interest rates across globe mainly from Federal Reserve which can impact economy growth in 2018.

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