The battle against inflation is being won And we have a higher likelihood of a soft
landing So that sets the stage for central banks
The Federal Reserve, the European Central Bank, the Bank of England, and others
To start easing their policy rates Once we know for sure that we are on that
path The projection right now is that central banks
Are going to be waiting to get a little bit more data
They are going meeting by meeting, they are data dependent
Confirming that we are on that path, that's the baseline
And then if we are, then by the second half of the year we'll see rate cuts
The battle against inflation is being won And we have a higher likelihood of a soft
landing So that sets the stage for central banks
The Federal Reserve, the European Central Bank, the Bank of England, and others
The battle against inflation is being won And we have a higher likelihood of a soft
landing So that sets the stage for central banks
The Federal Reserve, the European Central Bank, the Bank of England, and others
To start easing their policy rates Once we know for sure that we are on that
path The projection right now is that central
banks Are going to be waiting to get a little bit
more data They are going meeting by meeting, they are
data dependent Confirming that we are on that path, that's
the baseline And then if we are, then by the second half
of the year we'll see rate cuts The battle against inflation is being won
And we have a higher likelihood of a soft landing
So that sets the stage for central banks The Federal