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Fund managers bullish on global growth

The median real GDP growth estimate for the US economy has been upped from 1.4 percent for 2024 and 1.8 percent for 2025 at the FOMC’s December 2023 meeting to 2.1 percent growth for 2024 and 2 percent growth for 2025 at the Wednesday meet

The turnaround in sentiment has been swift—in January 2024, only 7 percent of fund managers subscribed to the ‘no landing’ scenario

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