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ECRI

29-February-2008

ECRI has just released its latest cyclical outlook for the global economy, as well as detailed forecasts for 19 economies.

While everyone’s attention is focused on the slowing U.S. economy, there are undeniable signs that a global growth slowdown is taking hold. Meanwhile, consumer price inflation in the U.S. and abroad has risen in recent months. ECRI’s analysis, which warned of slowing global growth as early as last July, examines the drivers of the recent surge in inflation to assess the potential for stagflation in the U.S.

This information is excerpted from a full report issued on February 28, 2008 to professional subscribers. For information on how to read the complete story and to subscribe to ECRI's services click this link.