The fact that these re-appraisals come on foot of spiking geopolitical, economic and financial risks gives the central banks’ latest decisions a new, battle planning, dimension.
The Fed's battles
In the US, growth prospects for the economy remain relatively robust, with the latest Fed expectations for 2.8 per cent GDP expansion in 2018, up 0.1 percentage points on the March outlook. Inflation expectations for 2018 also firmed up, from 1.9 per cent to 2.1 per cent.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team