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September 2021 Economic Update
  • US:  The economic recovery is continuing, supported by the improvement in the labour market and stimulatory policy
  • UK:  The economic recovery has been sustained, led by a strong rebound in household consumption and supportive policy settings
  • Euro Zone:  An economic recovery has begun as the relaxation of social restrictions has enabled a rebound in activity
  • China:  While the pace of growth is moderating, it is expected to remain strong
  • Japan:  The outlook is improving, with consumer spending to benefit from a relaxation of restrictions
  • Australia:  The economy is experiencing a weak period due to the lockdowns in NSW, ACT and Victoria
  • New Zealand:  The path in the short term will be determined by the effectiveness of the current lockdown
23rd September 2021 / 8 mins read
Steven Carew
Chief Investment Officer
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