Investments / Economy

Reframing client cynicism through economic history

Those of you in search of cutting-edge macroeconomic forecasts for 2025 might choose to skip today’s newsletter. If, however, you place more value in lessons from your country’s economic history than the often incorrect forecasts for inflation, interest rates, and market returns you are exactly where you were meant to be.

Economies at a Glance - January 2025 - Shifting global trade winds

Rates 25 bps lower at 7.5%, yet global worries remain

PPS: CPI for December 2024

Annual consumer price inflation edged higher in December to 3.0% from the 2.9% print in October, beating market expectations.