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Global economy set to do better in 2018; not much inflation pressure: Poll

Global economic growth as a whole is forecast at 3.5 per cent this year, steady compared with a poll published three months ago

Reuters  |  Bengaluru 

The global economy is on its best roll in years and set to do better in 2018, but economists in Reuters polls around the world mostly said synchronous growth is not about to spawn significant price pressures. Indeed, while several major central banks have shifted their bias away from ultra-easy monetary policy, with a few notable exceptions, inflation remains below their targets and is generally set to stay that way in the year ahead. "It is becoming a familiar refrain. Another quarter, another set of upward revisions to our global growth forecasts, another downward revision ...

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First Published: Thu, October 26 2017. 13:27 IST