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An overview of 1Q 2024

Global macro

The main theme for 2024 will be the expectations for easing of interest rates by the Federal Reserve (Fed) starting in mid-2024. This is set against the backdrop of slowing US growth as inflation stabilises further.

Other major central banks are likely to follow suit with differing timelines, while the Bank of Japan is likely to normalise monetary policy in early 2024, without any disorderly consequences.

China’s situation remains challenging with growth likely to stay soft in 2024 and that there will be a ramp-up of policy support measures to manage risk.

Download 1Q 2024 full report

Download 1Q 2024 full report


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