Vanguard economic and market update

24 May 2021 | Markets and Economy

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  Vanguard economic and market update

Key points:

  • 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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Issued by Vanguard Asset Management, Limited which is authorised and regulated in the UK by the Financial Conduct Authority. Issued by Vanguard Investments Switzerland GmbH.

© 2021 Vanguard Asset Management, Limited. All rights reserved.

© 2021 Vanguard Investments Switzerland GmbH. All rights reserved.

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