While you were sleeping: Global growth concerns

Mon, 09 Nov 2015

By Margreet Dietz Nov. 10 (BusinessDesk) - Equities on both sides of the Atlantic moved lower, as did commodities, amid expectations of slowing global economic growth, even as the US Federal Reserve appears to be positioning for higher interest rates next month. The Organisation for Economic Co-operation and Development downgraded its global growth forecasts. In its twice-yearly Economic Outlook report, the OECD said it expects the world economy will expand by 2.9 per cent this year and by 3.3 per cent in 2016, down from earlier forecasts...

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