In its latest September report, the 14 - member oil producing cartel said that the trend of «moderate» global growth was likely to continue in 2016 and 2017 and that imminent central bank decisions and political developments were likely «to be influential.» (nbr.com)
Incongruent central bank decisions, uneven economic growth around the world, and currency volatility may continue for now, paving the way for loss - aversion behavior to make further appearances over the summer. (schwabfunds.com)
Instead the markets yawned and carried equities to new all - time highs.The central bank decisions went as expected; the unemployment was a bit weaker than projected but the weather problems from the hurricanes have probably not been fully tallied. (yragharris.com)