Fitch Rtgs' Global Econ Outlk said world.........>

US: Fitch Rtgs' Global Econ Outlk said world economy's "sweet spot" won't "last

beyond 2018." It added "global economy has improved markedly this yr and is on

course to record its fastest expansion since 2010, but the current favorable mix

of strong growth and highly-accommodative macro policies could be as good as it

gets."

- Fitch forecasts "imply something of a 'sweet spot' for the global econ.in 2017

and 2018 with above-trend growth and still highly accommodative global monetary

policies" but this is not expected to last "into 2019 and beyond as output gaps

close in advanced economies and mon.policy support is withdrawn," said Brian

Coulton, Fitch chief Economist.

- 15 of 20 countries in GEO "saw better-than-expected GDP outturns in 2Q17 and

in several cases, including Canada, Russia, Turkey and Poland, the positive

surprises were large at over 0.5% (not annualized)," he said. 2017 growth

forecasts got "upgraded for 13 countries and 7 countries have seen an increase

in 2018 growth forecasts. Global growth has been upgraded to 3.1% in 2017 from

2.9% in June, and 2018 growth has been upgraded to 3.2% from 3.1%," he said.