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Global growth turning point: Schroders downgrades outlook for first time since 2016

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Schroders Chief Economist Keith Wade explains why the global outlook indicates we are heading in a more stagflationary direction in late 2018 as growth cools and inflation rises:  Global growth remains robust, but we have revised down our forecast for 2018 to 3.4% from 3.5%. This largely reflects a soft…

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