Outlook Second Quarter 2024

Author: Stefano Torti, Group Head of Asset Management and Advisory



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“ Central banks across the globe are navigating the complex landscape of moderating growth and persistent inflation. While developed markets are on the cusp of rate cuts, emerging markets have already commenced this shift, indicating a global trend towards policy easing.
This is set against a backdrop of varying inflation rates, with core inflation remaining sticky in some regions despite overall signs of deceleration.”