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Analyst Views | What does this mean for the world economy?
KEVIN BURROWES
PWC
UK banks will breathe a sigh of relief today as the threat of the biggest economy slipping back into a recession diminishes.”
KIT JUCKES
SOCIÉTÉ GÉNÉRALE
2013 GDP growth is now likely to be 2–2.5 per cent, and the chances of [second half] growth exceeding three per cent are significant.”
DAN MORRIS
JPMORGAN
The tax increases alone will not resolve the country’s deficit problems. We anticipate further, if modest, gains in US equities this year.”
PAUL ASHWORTH
CAPITAL ECONOMICS
With little prospect of meaningful action to address medium-term budget problems, we suspect the US will [be downgraded] this year.”