Vanguard economic and market update
24 May 2021 | Markets and Economy
- UK 2021 growth forecast upgraded, UK economy seen reaching pre-pandemic level around turn of year
- European Central Bank adopts more cautious policy stance compared with Bank of England
- US jobs market in focus after April data disappointment, US inflation seen receding in 2022 after pickup
- VCCM 10-year projections revised to show broadly higher bond returns and broadly lower equity returns
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© 2021 Vanguard Investments Switzerland GmbH. All rights reserved.