Despite agreement from 39% of investors that monetary policy is too restrictive, those surveyed remained optimistic that monetary easing will reach the soft landing ‘goldilocks zone'. Faith that the most likely outcome for the global economy over the next 12 months will be a «no landing» reached a six-month low of 18%, while only 11% of investors saw a «hard landing». Janet Yellen sounds fears of US dollar being weakened by States' use of sanctions This is despite lower expectations for economic growth. According to the survey, more than half (53%) of those surveyed anticipate a w...
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