SPY News: Investors increasingly expect a soft landing ahead of the Fed's crucial decision - 18th Sep 2024, 1:02am

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Investors are growing increasingly confident that the global economy can achieve a soft landing, in which inflation retreats without a large drawdown in economic activity.

In Bank of America's August Global Fund Manager Survey, released on Tuesday, 79% of respondents said a soft landing is the most likely outcome for the global economy in the next 12 months. This marked the highest percentage of respondents projecting such an outcome since May 2023.

For now, economists largely feel the economy...

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