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Schroders: Rate Drops vs Economic Outlook
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David Rees, director of the global economy at Schroders explains why the stakes for a drop in rates are not in line with economic prospects. “World activity remained stable during the tariff crisis of the first half of the year and, now that we have reached the peak of political uncertainty, we still consider growth expectations to be too pessimistic. Economic soundness should support risk assets, but we believe that markets will still have to a…
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