MSI GLOBAL

	MARKET WATCH Fed's policy remains hugely expansionary U.S. weak investments bear watching China's rapidly growing service sector Euro area responding to easier economic policies Français 日本語


Australia needs lower interest rates to support growth China's growth increasingly led by domestic demand India's growth held back by supply bottlenecks Indonesia: tighter money to control inflation and stabilize rupiah South Korea should get more growth from domestic demand		Argentina's high inflation is a threat to sustainable growth Brazil's economy is mired in a protracted recession Chile's monetary policy is too loose Mexico's inflation and budget deficit leave no room for policy easing Venezuela's very high inflation will lead to deep recession

U.S. economy driven by low
credit costs and rising jobs
and incomes

The euro area's slow but steady
economic recovery

China's economic growth increasingly
led by domestic demand

Japan's monetary policy needs help
from structural reforms

Germany's trade surpluses are a serious
problem for euro area stability

East Asia's infrastructure investments
setting stage for faster growth

Gold price driven by loose money
and geopolitical instabilities

ECB will maintain its easy credit stance
for the foreseeable future

America's low labor costs will keep
boosting corporate profits

Brazil's economy facing policy
constraints for recession exit

The U.S. economy will grow faster as a
result of stronger bank lending

Japan's monetary policy hitting
structural obstacles to growth

Germany's growth will benefit from
the Eurozone recovery

France's economy is mired in a
continuing stagnation

Italy's economy is bottoming out

Britain's large trade and budget deficits
are threats to economic stability

Canada's economy will benefit from
faster growth in the U.S.

Russia's low debt and stimulus
program will support recovery

Hungary's balanced and rebounding
economic growth

Netherland's stagnant economy

Poland needs lower interest rates
to end price deflation

Portugal's recovering economy and
continuing fiscal consolidation

Spain's is exiting recession, but budget
deficits are still too large

Sweden has plenty of room to rev up
its weak economy

Switzerland has strong economic growth
and stable prices