Global trade volume grew 0.4% in 2023, but lead indicators suggest a strong 2024 recovery. Benign MoM rises in core PCE should enable YoY inflation below 2.5% by June & a 25bp rate cut in July.
What is covered in the Full Insight:
Recovery from 2023 Trade Recession
Rebound in Manufacturing Exports
Fed Funds Rate and Core PCE Inflation
US Labour Market Analysis
Anticipated Effects on Interest Rates
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.