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Q1 2020 Macro Outlook – 20/20 End of cycle postponed, but vision far from perfect
Looking back, 2019 will be remembered as the year when major central banks staged a significant turnaround in monetary stance. The easing was precipitated by the US Federal Reserve’s (Fed) dovish pivot in January, and since then we have seen both the Fed and European Central Bank (ECB) loosening financial conditions. Indeed, 2019 has seen […]