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Publish Date: Thu, 16 Nov 2023, 11:14 AM

April 5 (Reuters) - Global growth will likely slow this year, but a dovish tilt in the Federal Reserve's stance has raised hopes for the U.S. economy and brightened the outlook for riskier assets, according to big banks.
Following are forecasts from some major banks on economic growth, inflation, Fed policy and how they expect certain asset classes to perform.
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U.S. inflation and Fed forecasts:
The latest data showed that in the 12 months through February, U.S. consumer prices edged 3.2% higher after increasing 3.1% in January.
The pace of price rises, however, has slowed from a peak of 9.1% in June 2022. The Fed targets an inflation rate of 2%.
The U.S. central bank's policy rate currently stands in the 5.25%-5.50% range after 525 basis points of hike since March 2022. Rate cuts are now seen coming in June.
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Forecasts for stocks, currencies and bonds:
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https://www.reuters.com/markets/what-expect-2024-fed-pivot-cooling-inflation-easing-growth-2024-01-15/