Under Surveillance

The latest Macrocast report from AXA Investment Managers examines key global economic developments, with a focus on inflation trends, geopolitical risks, and market implications. 

• US Inflation Rebound: Core inflation rose unexpectedly in January, fueling concerns over persistent price pressures and impacting consumer sentiment. 
• Policy Uncertainty: The US administration’s stance on tariffs could further disrupt global trade, with potential consequences for markets. 
• European Outlook: The upcoming German elections may shape the EU’s economic strategy and its role in global trade.  

Read the full report for a deeper analysis of these key macroeconomic themes.