Econoday Unplugged

UP 20: Global Risks Aplenty But U.S. Consumer Shows Strength


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Brexit may be slowing expectations for European growth but the latest polls are pointing to no exit for the U.K., reflected in gains underway for the pound. Action in the U.S. is definitely coming alive as new home sales, in the latest sign of consumer confidence, posted a giant gain and talk builds for a June FOMC rate hike. Still, global growth is generally low, a concern for the G7 which is urging nations not devalue their currencies.
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Econoday UnpluggedBy Econoday, Inc.

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