Schroders latest macroeconomic outlook for Q1 2025 analyzes key trends across global markets and economic policy shifts.
- Global Growth: Expected to moderate at 2.5% in 2025, with a slight acceleration to 2.8% in 2026.
- United States: Strong consumer spending supports GDP growth of 2.5%, but inflation remains elevated at ~3%. Fed rate hikes could resume in 2026.
- Eurozone & UK: Modest growth with persistent inflation, limiting ECB and BoE rate cuts.
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