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Developing trends : July 2014 (anglais)

The strengthening of economic activity is robust in the United States, but lags behind in the Euro Area. Notwithstanding the Q1 weakness, economic activity in high-income countries (where large negative output gaps persist), is expected to pick-up over the short-to-medium term as drags from fiscal consolidation and household and firm balance sheet adjustments wane, and private sector activity strengthens supported by improving sentiment and still...
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