The same questions kept coming up in our client briefings on the 2024 outlook and Group Chief Economist Neil Shearing tackles them in this latest episode of our weekly podcast. He talks about why economic resilience will be increasingly tested and which DM central banks are likely to cut rates first, but also talks about what could go wrong for our calls in the coming year.
Deputy Chief UK Economist Ruth Gregory is also on the podcast to explain why the Bank of England won’t be in a hurry to ease policy next year and talk about how immigration is affecting the labour market.
We’re also joined by Tom Ryan, who leads our coverage of the US housing market. Amid signs that a weird moment for the market is coming to an end, Tom talks about the outlook for mortgage rates and prices in a year that’s expected to see some hefty rate cuts from the Fed.