17-05-2015 12:30 via news.yahoo.com

Global outlook brighter, but not enough yet for higher rates

By Ross Finley LONDON (Reuters) - Prospects for a step-change in global economic growth are better than they have been in many years, but much depends on solid evidence that an awful first quarter for the United States is far in the rear-view mirror. With Wall Street's benchmark stock index near a record high and bond yields on the rise, the coming week is packed with important global data releases and policy minutes from three major central banks, including the U.S. Federal Reserve. Severa
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