J.P.Morgan – A strong economy in a fragile world

The global economy is showing strong and durable growth despite expectations of higher interest rates and inflation. Global equities have returned over 10% this year. Economists have raised their projections for global real GDP growth and lowered forecasts for Federal Reserve rate cuts. Investors and policymakers are recognizing the robustness of the economy, with the potential for artificial intelligence to have a substantial impact in the long-term.