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HomeNewsOpinionWhat slowdown? Developed economies blaze a growth trail, beat rate hikes

What slowdown? Developed economies blaze a growth trail, beat rate hikes

Manas Chakravarty   •

The Flash Composite PMIs show that the US, the UK and the Eurozone saw growth accelerate this month. That should lead to more monetary tightening 

The more optimistic picture of the economy has led to the markets pricing in another rate hike by the Fed, although there are still hopes there will be a rate cut by the end of the year

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