The further rise this week in market interest rate expectations for the next 12 months brought them almost in line with our own long-held and once-hawkish projections. But investors are increasingly underestimating the scope for rate cuts further ahead.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services