National

Economic Prospects Brightened by ECB Package, Falling Oil Prices, Structural Reforms

Davos-Klosters, Switzerland–(ENEWSPF)–24 January 2015 – Despite more pessimism at the World Economic Forum this year than last, central bankers and economic leaders were more upbeat about economic prospects for the year ahead. With the International Monetary Fund (IMF) forecasting 3.5% growth this year, panellists at a session on the global economic outlook pointed to the upside potential of the European Central Bank stimulus package, falling oil prices, structural change in Brazil, China and Japan, and robust growth in the United States.

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