Volatility in financial markets doe

Volatility in financial markets doesn't always correspond to changes in the economic fundamentals, but in the current environment the likelihood of another global growth disap-pointment this year has increased. The outlook for the global economy has been downgraded, with growth tracking a very modest 3% for 2015, a deceleration from 3.4% in 2014, says Economics TD.

Growth is still improving in advanced economies, but the slowdown in emerging markets has been more pronounced. While the heightened risks emanating from emerging markets will lead the U.S. Federal Reserve to hold off raising interest rates in September, they won't delay hikes indefinitely, adds Economics TD. The U.S. economy continues to strengthen, driven by domestic forces. These forces are unlikely to be derailed by a slowdown in China or other emerging markets.


"Our base case is for the first rate hike to occur in the first quarter of 2016, with the funds rate rising to 1.00% by the end of 2016 and 1.75% by the end of 2017, only very slightly below our previous forecast", foresees Economics TD.

Hasil (Jawa) 1:

Volatility financial ing pasar ora tansah cocog kanggo owah-owahan ing dhasar ekonomi, nanging ing lingkungan saiki tentrem liyane wutah disap-pointment global taun iki wis tambah. Outlook ekonomi global wis downgrade, karo wutah nelusuri ingkang andhap asor 3% kanggo 2015, ndadeake munggah nganthi saka 3.4% ing 2014, ngandika Ekonomi TD. Wutah isih Ngapikake ing ekonomi linuwih, nanging slowdown ing pasar berkembang wis luwih pocapan. Nalika risiko heightened metu saka pasar berkembang bakal mimpin US Federal Reserve kanggo terus mati mundhakaken tarif kapentingan ing September, padha ora wektu tundha hikes moho, nambah Ekonomi TD. Ekonomi US terus kanggo ngiyataken, mimpin dening pasukan domestik. Pasukan iki dipercaya bisa derailed dening slowdown ing China utawa berkembang pasar. "cilik basa Kita kanggo undhak-undhakan tingkat pisanan dumadi ing waktu pisanan 2016, kanthi dana tingkat Rising kanggo 1.00% ing pungkasan 2016 lan 1,75% ing pungkasan 2017, mung banget rada ngisor forecast kita sadurungé ", foresees Ekonomi TD.