FED PIVOT, COOLING INFLATION, EASING GROWTH

Global growth will likely slow this year, but a dovish tilt in the Federal Reserve's stance has raised hopes for the U.S. economy and brightened the outlook for riskier assets, according to big banks. The European Central Bank and the Bank of England sticking to their higher-for-longer rates stance, however, has blurred expectations for Europe. Following are forecasts from some major banks and peers on economic growth, inflation, Fed policy and how they expect certain asset classes to perform.

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