The World Economy Just Can’t Escape Its Low-Growth, Low-Inflation Rut

For much of 2018 , it appeared that the world economy was finally getting out of the rut it had been stuck in for the decade since the global financial crisis. But it now looks as if the era of persistently low growth, low inflation and low interest rates isn’t over after all. The Federal Reserve will hold a policy meeting Tuesday and Wednesday, and is likely to leave its interest rate target unchanged.

Source: www.nytimes.com