Goldman Sachs
Global: 2.60% | US: 2.10% | China: 4.80% | Euro Area: 0.90% | UK: 0.6% | India: 6.3%
Morgan Stanley
Global: 2.80% | US: 1.90% | China: 4.20% | Euro Area: 0.50% | UK: -0.1% | India: 6.4%
UBS Global Wealth Management
Global: 2.60% | US: 1.10% | China: 4.40% | Euro Area: 0.60% | UK: 0.6% | India: 6.2%
Barclays
Global: 2.60% | US: 1.20% | China: 4.40% | Euro Area: 0.30% | UK: 0.1% | India: 6.2%
J.P.Morgan
Global: 2.20% | US: 1.60% | China: 4.90% | Euro Area: 0.40% | UK: 0.2% | India: 5.7%
BofA Global Research
Global: 2.8% | US: 1.4% | China: 4.8% | Euro Area: 0.50% | UK: 0.1% | India: 5.7%
Deutsche Bank
Global: 2.4% | US: 0.6% | China: 4.7% | Euro Area: 0.20% | UK: 0.3% | India: 6.0%
Citigroup
Global: 1.9% | US: 1.1% | China: 4.6% | Euro Area: -0.20% | UK: -0.30% | India: 5.7%
Latest data indicates that U.S. consumer prices rose 3.1% in the 12 months leading up to November, a deceleration from the peak of 9.1% recorded in June 2022. The Federal Reserve aims for an inflation rate of 2%. The current main interest rate set by the central bank stands at 5.25% to 5.50% after a 525 basis point increase since March 2022.
Goldman Sachs
Headline CPI: 2.40% | Core PCE: 2.50% | Target Rate (Dec ’24): 4%-4.25%
Morgan Stanley
Headline CPI: 2.10% | Core PCE: 2.70% | Target Rate (Dec ’24): 4.375%
UBS Global Wealth Management
Target Yield: 4.50%-4.75% | Headline CPI: 2.50% | Core PCE: 2.60%
Barclays
Headline CPI: 2.70% | Core PCE: 4.5%-4.75%
J.P.Morgan
Headline CPI: 2.50% | Core PCE: 2.50% | Target Rate (Dec ’24): 4%-4.25%
BofA Global Research
Headline CPI: 2.80% | Target Rate (Dec ’24): 4.25%-4.50%
Deutsche Bank
Headline CPI: 2.10% | Core PCE: 3.63%
Citigroup
Headline CPI: 2.60% | Core PCE: 4.50%
Here are the forecasts for stocks, currencies, and bonds:
S&P 500: 4,736.41
US 10-year yield: 3.9614%
EUR/USD: 1.0926
USD/JPY: 142.97