Richard Hoey's 2015 Economic Outlook

this is richard howie chief economist to be online on the summary of my november report on outlook for 2015 to blah blah car has run out of the blood is pays for the last several years 1 hr venus in individual countries economic experience are my expectation years will have expansion in the global economy in 2013 with a good chance for the pace of growth good rod fire one of the major reasons for their ears there will be out of the burden of fiscal tightening in crete actors were spending card or slow down and spending and that occur in pierced ears and help hold back the pace of growth in a number of a different. Countries around the world in the united states are we had a growth of the last half decade in the private sector all over 30 because of the fiscal tightening or average gdp growth was only 2.2
percent with the fading after school dragon the federal so i think we're going to be able there for about every years eve prudhoe bay sidcup trendy in the dollar the us economy will be growing substantially faster than europe or japan are our interest rate will be increasing even odds are there will be a flat in japan and the other aspect is there are at the central bank balance sheet will stop growing after be groped in the central bank balance sheet of the ecb in the bag other and finally we have a lower current account deficit need to borrow as a result of the big increase in domestic oil production made rome in may 2015 our years there an app for drill in the us dollar relative too many other currencies with respect to a euro bar as they have a are relatively weak economic air expansion of euro is not a very well designed the system and i hear in lay 2014 are they got the challenge of worrying about whether there will be a natural gas supply disruption of that magnitude app for the winter 2015 the bill know whether there is actually a girl ni had to expect when expecting a beer going to be by the british largest growth radar in 2015 in the case of china made a are prominent downshifter a slower pace of growth arm they do have a property over here and bar with the worries over 10 years old mill down in china that the chinese government has the financial resources and with would be willing to use them in order to prevent of the natural nail down china so slow growth yeahs bad mad and now for the actual mail bell