VIEWPOINTS APRIL 2024

VIEWPOINTS APRIL 2024

REDUCED HEADWINDS TO RISK ASSETS

The U.S. economy remains resilient. We expect growth to be close to trend and inflation to come down slowly. In this environment, we expect the Federal Reserve to cut rates around the second half of the year. A similar picture is emerging in some of the key developed markets outside of the U.S. The probability of a prolonged downturn in Europe has declined…

 

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