External broker reports(aggregated public sources), ABN AMRO

ABN AMRO

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>The US Federal Reserve is coming under unprecedented pressure as an independent institution</li><li>As the central bank standing behind the world’s reserve currency – and the world’s biggest, most liquid bond market – this has implications that reach well beyond US shores</li><li>Our base case sees the Fed turning dovish from next year onwards, but not fully losing its independence</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The US Federal Reserve is coming under unprecedented pressure as an independent institutionAs the central bank standing behind the world’s reserve currency – and the world’s biggest, most liquid bond market – this has implications that reach well beyond US shoresOur base case sees the Fed turning dovish from next year onwards, but not fully losing its independenceContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

ECB Watch - A less independent Fed could mean more ECB cuts