Economics
BlackRock’s Boivin Says Rebound Is Real, Policy Support Crucial
- Marion says 2% to 3% inflation is possible with trade pressure
- Panel kicks off Bloomberg’s Canadian Fixed Income Conference
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The global economy is bouncing back faster than expected, but downside risks remain and more help from policy makers is necessary for a full recovery, says the head of research at the world’s largest money manager.
Jean Boivin, head of BlackRock Inc.’s investment institute, said the economy is recovering from a “very deep shock” and should return to pre-pandemic levels sometime in the next 18 months.