Key Takeaways

• The IMF outlook highlights the remarkable resilience in growth and declining inflation in most countries. However, the medium-term outlook remains subdued when compared to the pre-pandemic growth average.
• Although inflation is softening, its reduction remains a priority and central banks need to calibrate monetary policy at a country level.
• The tremendous optimism in financial markets based on the soft-landing narrative presents challenges: inflation persistence, compressed volatility and high correlation across assets with elevated fundamental uncertainty.

Summary

• Topic of the Month 
• Macroeconomics, Geopolitics, and Strategy 
• Global Investment Views 
• Macroeconomic and financial market forecasts

You can now read the full whitepaper at the link below