Although global growth is expected to decelerate this year, major banks are optimistic about the U.S. economy and riskier assets due to the Federal Reserve's dovish posture.
But hopes for Europe have been clouded because the Bank of England and the European Central Bank have stuck to their higher-for-longer position on interest rates.
The following are predictions for several asset classes, as well as for economic growth, inflation, and Federal Reserve policy, made by a number of prominent financial institutions.
In the twelve months leading up to January, the most recent statistics show that consumer prices in the United States increased by a marginal 3.1%.
Following a 3.4% increase in December, which reduced prospects of a reduction in interest rates in March, this occurred following the hike.
Since June 2022, when it reached its highest point of 9.1%, the rate of price increases has slowed down significantly. The goal of the Federal Reserve is to achieve inflation of 2%.
The policy rate of the United States Federal Reserve has been raised by 525 basis points since March 2022, and it is currently ranged between 5.25% and 5.50% from that point on.
There is a widespread expectation that interest rates will be lowered in June.
Follow for more updates