FXStreet (Bali) - The global economy will expand in volume at a rate of about 3% in 2015, notes Allan Bruinshoofd, Head of International Economics at Rabobank.
Key Quotes
Global growth is sustained but serious action from policymakers is needed for growth acceleration
US almost ready for first interest rates hike; rest of the world looks on anxiously
Eurozone growth continues but joint action is needed to improve long-term growth potential
Vulnerabilities exposed in China and other emerging countries
Normalisation of monetary policy is risky for the economy, but so is excessively long-lasting expansionary monetary policy
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