In this “Fireside Chat”, Gavyn Davies, Founder and Executive Chairman and Andy Bevan, Partner and Economic Advisor, discuss the following:
- Diverging central banks are shaping global markets
- The Fed is likely to implement a 25bp cut at the next FOMC meeting
- Tariffs and immigration will be the first focus for the new administration
- Inflation persistence will make the Fed more cautious next year
- The ECB is expected to continue with gradual rate cuts
- China is shifting policy focus towards consumer spending
- The central banks of Canada and Switzerland cut rates significantly
- The dollar remains strong amidst these policy divergences
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