![]() ![]() Conditions have eased in 2019 as the US Federal Reserve signaled a more accommodative monetary policy stance and markets became more optimistic about a US–China trade deal, but they remain slightly more restrictive than in the fall. ![]() Trade tensions increasingly took a toll on business confidence and, so, financial market sentiment worsened, with financial conditions tightening for vulnerable emerging markets in the spring of 2018 and then in advanced economies later in the year, weighing on global demand. Elsewhere, natural disasters hurt activity in Japan. The euro area economy lost more momentum than expected as consumer and business confidence weakened and car production in Germany was disrupted by the introduction of new emission standards investment dropped in Italy as sovereign spreads widened and external demand, especially from emerging Asia, softened. ![]() China’s growth declined following a combination of needed regulatory tightening to rein in shadow banking and an increase in trade tensions with the United States. We use an on-premise Microsoft Exchange 2013 server. After this update, ALL user's Outlook search feature stopped working All of our desktops are Windows 10 with either MS Office 20. After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. Recently, Microsoft pushed out an Office update. ![]()
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