World Economic outlook - Eurozone interest rates outlook 2012 ; Eurozone interest rates should fall, while those in the UK, US and Japan are set to remain at record lows for the foreseeable future, according to the latest Global Strategic Outlook from Allianz Global Investors.
Commenting on the outlook, Andreas Utermann, global CIO, said: "We expect interest rates in the eurozone to start to come down further, whilst rates in emerging markets are likely to continue on a downward trajectory. In the US, the UK and Japan, we expect the policy of extremely-low interest rates to continue in the foreseeable future. In Europe, we remain cautious on sovereign bonds at current yields. Even if nominal return may turn out to be positive, we expect real - i.e. inflation-adjusted - returns to be disappointing." read full articel
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