SNAPSHOT2 min read

Janet Mui: 2019 second quarter update

Central banks are becoming more supportive as trade tensions persist and global growth continues to slow.

09/07/2019
ECB-EZB-European-Central-Bank-Frankfurt-dusk

Authors

Janet Mui
Global Economist, Cazenove Capital
  • Global central banks have become increasingly accommodating amid signs of slowing global growth and trade tensions
  • The Federal Reserve is expected to cut rates this year, while the ECB is exploring monetary policy easing options
  • Growth will continue to slow in the second half of 2019 but we do not expect a recession
  • US-China conflicts will re-emerge later this year as underlying tensions over trade and technology remain, despite the recent truce

Authors

Janet Mui
Global Economist, Cazenove Capital

Topics

The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.