INSIGHTS & NEWS
Q1 2024 BIM Review
1Q24 | HURRY UP AND WAIT FOR THE FIRST RATE CUT
| INVESTMENT ENVIRONMENT | EQUITY MARKETS | FIXED INCOME MARKETS |
| Upside surprises to growth and slower than expected progress on disinflation halved the expected pace of easing to take place in 2024. |
Positive momentum and broader participation trends continued. A pickup in mergers and acquisitions activity implies improving corporate confidence. | Acting too early could reignite inflation, and moving too late could lead to recession, so central bankers await clear signals to start cutting rates. |
