Huang Yixin, President and CEO of State Street Global Advisors, stated at the International Financial Leaders Investment Summit on the 20th that this year, the global stock market has recorded growth, inflation is slowing, and central banks around the world are cutting interest rates. Therefore, looking towards 2025, the global economic soft landing situation will continue, and there is optimism for global economic growth. Additionally, she expects that profits of American technology companies will continue to rise, and although US stocks are currently recording growth, there will still be room for further increases in the future, so there is a very bullish outlook for the US stock market; there is also a bullish view on European and emerging markets' stock markets, as the weakness of the dollar is a bullish factor for emerging markets. At the same time, she anticipates that the Federal Reserve will lower interest rates again next month, but will also adjust the forecast for interest rate cuts in 2025 down to three times, with interest rates possibly falling to 3.75% by the end of next year.
道富:全球经济软着陆明年将持续 预计美联储下月再降息一次
State Street: Global economic soft landing will continue next year, and it is expected that the Federal Reserve will lower interest rates again next month.
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