Premature to Think U.S. Will Have a Rate Cut, Says Eastspring’s Maisonneuve

The transcript discusses the potential for rate cuts by the Fed, considering inflationary pressures from tariffs and deflationary forces from technology. It highlights the uncertainty in the current economic environment and the Fed's tolerance for higher inflation. The global economic context, including China's fiscal measures and Europe's recovery, is also examined, suggesting that holding rates steady may be the most prudent policy.

What factors are contributing to the uncertainty in economic growth as discussed in the text?

How do tariffs impact inflation according to the speaker?

What is the speaker's perspective on the likelihood of a rate cut in the near future?

What does the speaker suggest about the Fed's approach to inflation and interest rates?

In what ways does the current economic situation differ from that of the fourth quarter of 2018?