In our latest podcast Joseph Capurso, Kristina Clifton and Carol Kong from the International and Sustainable Economics team discuss our updated outlook for the major economies and their central banks. We now predict the FOMC will pull off a ‘soft landing’ in the US economy. Japan, Canada, the Eurozone and the UK will skirt close to recession in 2024. Meanwhile, China is expected to keep growing by ‘around 5%’. We expect all central banks under our coverage, with the exception of Japan, to cut interest rates this year.
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