The report discusses the anticipated normalization of US monetary policy with a 25-basis-point fed funds rate hike expected at the Fed's December meeting, marking the first such move since June 2006. It explores the potential global economic and financial market reactions to reduced central bank liquidity, highlighting the cautious approach of major central banks. The report also examines global growth challenges, including China's economic slowdown and its impact on commodity markets and trade flows. It anticipates gradual policy normalization and its effects on inflation and labor markets in the US, Europe, and Japan.
documents/vol00010-efta01458950-pdf.pdf
{"title":"World Outlook 2016: Managing with less liquidity","key_people":["BoJ","ECB","Fed"],"document_date":"2015-12-08","document_type":"correspondence","key_locations":["US","Europe","Japan","China"],"document_subtype":"report","key_organizations":["Deutsche Bank AG"]}