The September 2024 BILBoard article analyzes the prospects for rate cuts by the Fed and ECB in the face of complex economic conditions. In August, markets experienced turbulence due to currency movements and fears of recession. In the US, moderate growth of 3.2% was recorded in the second quarter, while inflation stabilized at 2.1%, offering scope for a cut in key rates, currently at 4.75%.
In Europe, despite mixed economic data, a rate cut seems likely to support the economy. In China, the signs remain worrying. The investment strategy recommends a balanced approach with increased exposure to equities, anticipating rate cuts of between 0.25% and 0.50%, which should boost investment, with forecasts of 4% growth for business investment by the end of the year.
For more details, here's the full article.
This post was translated from the original French.