Our macroeconomic scenario – October 2024

Published on
3 October 2024

Is US economy still heading for a soft landing? Will China be able to meet its 5% growth target this year and how does this environment affect growth prospects in Europe?

Raphaël Gallardo, Chief Economist at Carmignac, talks about his global scenario for the coming months.

"The Fed has started with a 50 bp rate cut, which was unexpected. That proves the central bank wants to give assurance that the economy is stabilising at a healthy level."

-Raphaël Gallardo, Chief Economist

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