BlackRock Investment: Expects the Federal Reserve to adopt a more accommodative stance in 2026 and maintains a neutral outlook on risk assets

Zhitong
2025.05.09 07:30
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PineBridge Investments expects the U.S. economy to slow down in 2026, with prices stabilizing after inflation. At that time, the Federal Reserve may shift to easing, with expectations of three rate cuts to 3.75% within the next 12 months. The attractiveness of U.S. dollar assets will weaken, leading funds to shift towards global diversification. The euro to U.S. dollar exchange rate forecast has been raised to 1.1500. Maintain a neutral stance on risk assets, favoring sectors with long-term structural advantages, particularly in emerging market banking and Asian dollar bonds. The price of gold as a safe-haven asset continues to rise