Rising trade tensions weigh on Fed outlook

AXA
Door juni 13, 2019 16:21

Rising trade tensions weigh on Fed outlook

Lees het volledige artikel

Trade tensions increased in May, when the US raised tariffs to 25% on $200bn of Chinese goods. We expect negotiations to resume between the two countries after a meeting between their Presidents at the end of this month, despite recent hawkish rhetoric. Yet the US is likely to continue to provoke further trade tensions over the coming 18 months with China, Europe and beyond, as part of the President’s political strategy. Restrictions on trade with Chinese tech look likely, regardless of developments over headline tariffs. Recent trade developments lead us to lower our US GDP growth outlook to 2.4% for 2019 (from 2.5%) and 1.6% (from 1.8%) for 2020. We now expect the US Federal Reserve to cut rates in September and December, to 1.75-2.00%. This outlook is trade development dependent and we discuss scenarios around this central view. In China, we expect developments to result in further

AXA
Door juni 13, 2019 16:21

Zoek

Asset Allocation Consensus Juli

Evenementen

  1. IPFOS – Bestuurders Conferentie 2019

    september 5 @ 14:00 - 18:00
  2. Invesco & Schroders – Real Assets & Energy Transition

    september 10 @ 09:30 - 13:00
  3. Candriam – Sustainbale Investment Conference

    september 12 @ 13:30 - 20:30
  4. ACTIAM – ACTIAM Academy

    september 17 @ 09:30 - 13:00
  5. Markets Group – 3rd Benelux Institutional Forum

    september 26 @ 07:30 - 18:00

Twitter

Currencies: Us Dollar Bar For Us Fx Intervention Remains High -> https://t.co/2ny01nTS55 #currency #China #tradewar via @PictetWM @PictetAM_NL

Long-term Equity Investments under Solvency II -> https://t.co/MDJWukfKfB #solvency2 #equity #europeancommission via @DWS_Group

Blitzscale and Hope: Unicorns, IPOs and the Fear of Repeating the Late 1990s -> https://t.co/N6TXHvJWCS #unicorns #IPO via @epochinvest

Load More...

Zoek op datum

juni 2019
M D W D V Z Z
« mei   jul »
 12
3456789
10111213141516
17181920212223
24252627282930