Investors expect the world economy to grow for the rest of the year even as they believe that central banks won’t engage in more rounds of quantitative easing, according to a survey of fund managers conducted by Bank of America Merrill Lynch.
The March survey of fund managers found that 23% of investors expect a stronger global economy during the next 12 months, which represents “a large increase from a net 11% in February,” according to the BofA release. And compare that to January, when a majority of respondents in the survey thought the world economy would weaken.
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