April 18, 2024 – 7:59 AM PDT
(Reuters) – Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this year.
Advertisement
Following are forecasts from some major banks on economic growth, inflation, and how they expect certain asset classes to perform:
Real GDP growth forecasts for 2024
| GLOBAL | U.S. | CHINA | EURO AREA | UK | INDIA | |
| Goldman Sachs | 2.8% | 3.1% | 5.0% | 0.7% | 0.6% | 6.6% |
| Morgan Stanley | 2.8% | 1.9% | 4.2% | 0.5% | -0.1% | 6.4% |
| UBS Global Wealth Management* | 2.6% | 1.1% | 4.4% | 0.6% | 0.6% | 6.2% |
| Barclays | 2.6% | 1.2% | 4.4% | 0.3% | 0.1% | 6.2% |
| J.P.Morgan | 2.2% | 1.6% | 5.2% | 0.4% | 0.3% | 5.7% |
| BofA Global Research | 2.9% | 2.7% | 4.8% | 0.4% | 0.3% | 5.7% |
| Deutsche Bank | 2.4% | 0.6% | 4.7% | 0.2% | 0.3% | 6.0% |
| Citigroup | 1.9% | 1.0% | 4.6% | -0.2% | 0.1% | 6.3% |
| HSBC | 2.6% | 2.3% | 4.9% | 0.5% | 0.4% | 6.3% |
| UBS Global Research* | 3.0% | 2.2% | 4.6% | 0.6% | – | – |
U.S. INFLATION
U.S. consumer prices increased more than expected in March as…
