- Moody's - there has been a significant softening of the US administration's stance on what should be considered free and fair trade
Market news
31 May 2017
Moody's - there has been a significant softening of the US administration's stance on what should be considered free and fair trade
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The risk to global trade and economic growth from the introduction of protectionist policies in the US appears to have receded for now
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In the US, an overall increase in housing and business capital investment suggest that the first quarter slowdown will be temporary
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Expects weaker growth in UK as investment spending slows as Brexit negotiations get underway,consumers feel impact of accelerating inflation
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Brexit-related slowdown in the U.K. has been more modest and Moody's has raised its forecast for growth this year to 1.5% from 1%
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Risk of major euro area country leaving EU is no longer an immediate concern, with the election of emmanuel macron as president in France
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