Fed's Brainard: Upward revisions to global growth will continue
|Speaking at a panel at the Center for Global Development, Lael Brainard, a member of the Fed’s Board of Governors, argued that upward revisions to global growth will continue, posing fewer risks for the U.S.
Key quotes:
- Growth in the Eurozone is solid
- Emerging markets are doing better
- Markets and policymakers are aware of how important China is for global economy
- Downside risks from foreign economies is showing improvement
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