Q1, 2024
Key Highlights
The global economy faces a slowdown due to increased capital costs, but resilient consumers and a supportive government mindset prevent an imminent recession.
The disinflation process is still ongoing, but with some volatility expected in inflation figures in the coming months due to technical effects.
Central banks on hold for at least first quarter 2024. Rates cuts from Q2 expected. Price stability could be achieved sooner than feared.
The start of US presidential primaries could be a potential source of surprises.
