Investors Expect a Very, Very Soft Landing for Majors Economies, BIS says
Bank for International Settlements (BIS) says "investors are seeing a very, very soft landing for major economies" adding that inflation has been prevented from becoming entrenched.The gap between the market's expectations of rate cuts and signals from central banks has decreased and tech stocks valuations might be reaching an extreme height, BIS noted.More information in the BIS Quarterly Review. This article was written by Gina Constantin at www.forexlive.com.
Bank for International Settlements (BIS) says "investors are seeing a very, very soft landing for major economies" adding that inflation has been prevented from becoming entrenched.
The gap between the market's expectations of rate cuts and signals from central banks has decreased and tech stocks valuations might be reaching an extreme height, BIS noted.
More information in the BIS Quarterly Review.
This article was written by Gina Constantin at www.forexlive.com.