The Federal Reserve will ease its monetary policy beyond market anticipation leading to risky asset rally, according to investment research firm
Yesterday's interest rate cut in the US by the Federal Reserve is only the first of many, according to Alpine Macro Strategist. He expects the US and Chinese central banks to ease monetary policy more aggressively than current market pricing, which could lead to a re-acceleration of global growth, resulting in a melt up in risky assets. Schroders' Macro Economist & Strategist disagrees.
Yesterday's interest rate cut in the US by the Federal Reserve is only the first of many in a context of trade war, Brexit, issues in the Kashmir region, deforestation of the Amazon and falling economic growth casting dark clouds on global growth.
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