Fed Is Very Unlikely to Raise Rates This Year, Economist McFarland Says

The video discusses the current economic concerns in Europe, focusing on Brexit and weak growth numbers. It highlights political disagreements within the EU and the impact on the economy. The discussion shifts to global central banks, predicting no interest rate hikes and potential easing. The global economic outlook is positive, with expected GDP growth and a stable environment for investment, despite low inflation and interest rates.

What does the speaker suggest about the global economy's growth rate?

In what way does the speaker describe the current environment for world markets?