Snapshot

Janet Mui: weekly economic update 20 September


  • The Fed cut US interest rates to 2%. Markets have been left slightly disappointed by the lack of clarity on the path of interest rates from here. 
  • The Bank of England and Bank of Japan left rates on hold. Both central banks have indicated they are willing to ease policy to deal with the respective challenges of Brexit and a tax increase.
  • Chinese data suggests economic growth remains under pressure. The government is more likely to respond with domestic stimulus measures than backing down in the trade war with the US.

Contact Cazenove Capital

To discuss your wealth management requirements, or to find out more about our services and how we can help you, please contact: