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Economic and financial risk insights : global divergence in growth and monetary policy is intensifying

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      <subfield code="a">Growth paths are diverging in the largest economies, with the US growing strongly in Q3 2023 while momentum is slowing elsewhere. We revise up our US 10y Treasury yields forecast, but a strong USD and higher long-term yields will likely add to risks for the rest of the world. Monetary policy prospects are also diverging: the hiking cycle is likely at an end for the US Federal Reserve and ECB, but still open for Asian policymakers.</subfield>
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