The drags on global growth related to the trade war are building but there remains considerable uncertainty around the timing and magnitude of the coming downshift in global growth. For its part we expect the FOMC will remain cautious this week and reduce the easing incorporated in its 2025 projections even in the face of benign inflation news.

Speakers:

Bruce Kasman

Joseph Lupton

This podcast was recorded on 13 June 2025.

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