Reported about 1 year ago
Global economic growth in the first half of 2024 exceeded expectations, leading to adjustments in economic outlook for the second half of the year. Foreign banks predict continued moderate economic growth without affecting stock market performance. Inflation remains on track, with expectations of a soft landing. Major countries have revised their economic growth rates upwards, with the U.S. GDP projected at 2.5%, the UK at 0.6%, the Eurozone at 0.8%, and Taiwan expected to maintain over 3% growth due to support from the technology sector. Inflation is expected to ease in the U.S., UK, and Eurozone, with the possibility of a Fed rate cut in September. Stock markets in Europe, the UK, Japan, and the U.S. remain attractive for investment, with expectations of reaching new highs by 2025. The stock markets in Asia are also expected to continue growing, driven by high demand for semiconductors and AI applications.
Source: YAHOO