Given the first half of the year is well and truly behind us, and with the summer round of the main central banks meetings completed, perhaps now is a good time to take stock of the current economic situation.
In the UK, the economy has gathered some steam this year, having performed poorly in 2023.
The Eurozone economy has also returned to growth in 2024, with GDP rising by 0.3% q/q in Q1 and in Q2.
Looking ahead, futures pricing indicates that markets expect a number of rate cuts for all three regions between now and year end.
