In this “Fireside Chat”, Gavyn Davies, Founder and Executive Chairman and Andy Bevan, Partner and Economic Advisor, discuss the following:
- The Fed is likely to implement two more 25 basis point rate cuts this year
- The US labour market shows signs of strength despite earlier recession fears
- Inflation trends are stabilising but require close monitoring
- The market is now pricing in higher rates than before for the middle of 2025, reflecting a more robust labour market
- Trump’s potential presidency raises questions about his relationship with the Fed
- The ECB is likely to cut rates again at the next meeting
- China’s fiscal policy remains uncertain amid economic pressures
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