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Northern Trust’s 5-Year Market Forecast Calls for Global Economy to Grow by 2.9%
The global economy will experience annualized real growth of 2.9% over the next five years, along with annualized inflation of 1.7% in developed markets, according to Northern Trust’s Capital Market Assumptions Report, which is a five-year outlook. The firm predicts the persistently low interest rates will foster positive but low…
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