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Research
Weekly Economic Review
Both the OECD and the ADB see a protracted recovery; Fed signals to keep low interest rates longer, while BOE opens door for negative interest rates
The Fed has revised its monetary policy framework, signaling that low interest rates may persist to 2023.
The OECD and the ADB both see the world economy facing a slow recovery, while China is not in a position to support global growth.
The BOE may implement negative interest rates to counter risks arising from a no-deal Brexit.
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