Thanks to the government's fiscal stimulus and
an improved global outlook, the BoE lifted its gross domestic product (GDP) forecasts for the current calendar year and next.
Not exact matches
«The good news is that the regional growth is
improving for both oil - importing and oil - exporting, yet the region is not fully benefiting from the improvement in the
global outlook and this requires countries in the region to pursue the reform agenda,» he said.
Macro Themes: The
outlook for
global growth is
improving, but still weak enough to warrant ongoing central bank monetary expansion and interest rate suppression.
«It's a degree of income warnings more steady with a interval of reduced growth or
global shock than an
improving macro
outlook.»
Tax cuts, job growth, synchronized and
improving global growth, and a patient Federal Reserve (Fed) are all helping extend the positive
outlook for the economy and markets.
The IMF pointed to an
improved outlook for Europe and Japan, based on a cyclical recovery in
global manufacturing and trade that started in the second half of 2016, and it modestly raised its 2017 growth forecasts for both to 1.7 % and 1.2 %, respectively.
While the city's bond rating was downgraded to A +, the third - highest grade issued by S&P
Global Ratings, last year, the agency
improved the city's
outlook to «stable» due to the city increasing non-property tax revenues, decreasing discretionary spending and securing $ 12.5 million from the state that wasn't an advance on payments the state owes the city for the Empire State Plaza.
However, Governor Carney's statement clearly shows that ground work is in place in case the Canadian economy and the
global outlook continues to
improve.
«We have seen some modest backup in Canadian bond yields in recent weeks, amid growing optimism on the
global economic
outlook — and in particular an
improving U.S.
outlook,» said Doug Porter, deputy chief economist at BMO.