Macro Matters

In this monthly series, we take a quick, comprehensive look at current macroeconomic themes that matter to clients. 

Grey-blue geometric shapes.


5 min read


Market Events

Key takeaways

  • Although forward-looking U.S. growth indicators have receded since January, they still project a strong 2.8% growth rate. Outside the U.S., Europe and China have struggled.
  • Regarding inflation, the U.S. could see it slowly decline over the summer, Europe is making progress on bringing it down, and China is struggling with deflation.
  • Expectations for interest rate cuts have corrected since January in the U.S. and international developed markets.