Global Economies’ Recovery Not In Sight
Carlos Casanova, Senior Economist, UBP
20-Dec-23 07:00
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The Bank of Japan takes a hold on its policy settings driven by Yen depreciation and weaker domestic consumption. China recovery looks uneven and weak while manufacturing is also very slow to pick up. US rates however look like they have reached their peak and cuts are expected. We speak to Carlos Casanova, Senior Economist, UBP on how to understand the direction of the major economies as they try to generate a recovery.
Image credit: Shutterstock.com
Produced by: Mike Gong
Presented by: Wong Shou Ning, Philip See, Anwar Mahbob
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Tags: market watch, bank of japan, china economic outlook, us federal reserve, 2024 outlook,