As inflation cools and growth slows, we expect rate cuts in 2027 and 2028 that help reignite economic growth.

The Trump administration has other ways to keep tariffs high—if the president has the patience for the bureaucracy involved.

Risks to the labor market point to easier monetary policy ahead.

We’re expecting a major rise in inflation and see a high risk of a recession.

Risks of recession have just gone up, while the standard of living could go down.

Inflation impact will depend on the scope of tariffs, fiscal policy, and the Fed’s response.

Our latest economic forecast for interest rates, inflation, and GDP growth.

The actions of the Federal Reserve will impact Australian Investors. Our latest economic forecast for interest rates, inflation, and GDP growth.

We see steep Fed rate cuts coming in 2024 as inflation subsides.

But with inflation likely to ease as the economy slows, we see the Fed cutting rates around the year end.