Financial Markets React To Chinese Interventions

(Before It's News)

from the Dallas Fed

Global output growth slowed to 2.6 percent year over year in the second quarter (Chart 1), but the outlook remains stable and the global economy is expected to grow at a faster pace in the second half of 2015 and 2016.[1] Emerging markets’ growth remained relatively steady at 4.0 percent despite Brazil’s entry into recession in the second quarter. Advanced economies posted 1.3 percent growth, although some countries in the euro area are gaining momentum. Global risks include low inflation, a slowdown in emerging markets and volatility in financial markets.

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