Flash: Global uncertainty lower as monetary policy provides buffer – Goldman Sachs

FXstreet.com (New York) - The Economics Research Team at Goldman Sachs analyses the macro outlook and global growth prospects in the foreseeable future.

Key quotes

“We see the macro outlook as supportive for risky assets. We have revised our global growth outlook lower, but continue to expect a gradual reacceleration from here for the US, Europe and China.”

“We expect monetary policy to remain very accommodative in developed markets and continue to believe that general uncertainty will remain lower than in the last couple of years.”

“That said, risks are increasing given higher bond yields have made structural pressures in emerging markets more urgent and more signs of austerity fatigue in the European periphery are emerging.”