2024 predictions: Inflation pressures to cool in big election year
With inflationary pressures easing in the US, hopes of a Fed policy pivot are growing. While that is good news for risk assets, investors will need to watch out for the ramifications of what is tipped to be a huge year for elections worldwide.
This is a four-part series of thematic predictions for 2024. This is the second story.
Inflation is sliding lower in the US, potentially clearing the way for a much-awaited Federal Reserve policy pivot from rate hikes to rate cuts.
That seems to be the biggest bet investment managers are making for 2024.
Yet this year is also an election year, with several major economies due for national elections, so the overall global economic outlook remains fairly muted despite hopes of e…
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