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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

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Authors

Janet Mui
Global Economist, Cazenove Capital

Topics

Cazenove Capital is a trading name of Schroders (C.I.) Ltd which is licensed under the Banking Supervision (Bailiwick of Guernsey) Law 2020 and the Protection of Investors (Bailiwick of Guernsey) Law 2020, as amended in the conduct of banking and investment business. Registered address at Regency Court, Glategny Esplanade, St. Peter Port, Guernsey GY1 3UF, (No.24546) . Schroders (C.I.) Limited, Jersey Branch is regulated by the Jersey Financial Services Commission in the conduct of investment business. Registered address at IFC1, Esplanade, St Helier, Jersey, JE2 3BX, (No.31076).

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