Today's Commentary Economic Roundup: Some Encouraging Signs in the Euro Zone Revisions show better composition of growth in the fourth quarter; long road still ahead. Venezuelaâs Oil Production Keeps Declining Lack of investment in recent years is taking a toll on output. Hungary's Q4 GDP Holds The economy accelerated from the third quarter. Is 2% Trend GDP Growth the Sweet Spot? It is enough to eliminate job market slack but won't lead to a significant overshoot on inflation. View More Analysis Insight on Critical Issues U.S. Chartbook: Silencing the Critics Job growth and vehicle sales in February should allay concerns about the economy. Brave New World of Negative Interest Rates The broadening trend was initiated by the ECB. We give a brief history, and explain. U.S. Weekly Highlights and Preview, March 4, 2016 The job market shows little sign of slowing down. Candidate Report Card: The Republicans Tax proposals are transparent, simple and expensive. View More Analysis Today's Releases View More Releases Survey of Business Confidence Latest: 29.2 The slide in global business confidence that began during the summer seems to be over. Sentiment still appears fragile, but survey responses are no longer eroding. The weakest response is to businessesâ assessments of present conditions; there are roughly as many respondents saying conditions are improving as saying they are weakening. Expectations regarding the outlook this summer remain stronger. And despite the decline in confidence in recent months, in a broader historical context, business sentiment is good, and consistent with an economy that is expanding at the high end of its potential. View Full Analysis Reader's Choice Global Outlook: Calling All Hands Collective action is needed to protect the recovery. U.S. Chartbook: Shifting Mix Between Growth and Inflation Fed should punt in March but may not be able to delay too long. Fed Should Allow Inflation to Overshoot the 2% Target The anticipated acceleration in inflation appears under way, but the Fed should remain patient. Candidate Report Card: The Republicans Tax proposals are transparent, simple and expensive. Economic Roundup: Boom Goes the U.S. Labor Market Job growth exceeds expectations and slack is quickly vanishing.
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