China reopens; developed economies slow down

NN Investment Partners
By January 16, 2023 16:12

China reopens; developed economies slow down

Central banks have started to moderate the pace of tightening but we are not close to a pivot. Inflation remains too high and US labour market data continue to point towards a tight market. Central banks will keep rates at a higher level for a long period of time. We expect a Fed terminal rate of 5-5.25% and the ECB …

NN Investment Partners
By January 16, 2023 16:12

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