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Wells Fargo strategists predict a soft landing for the economy rather than a recession, citing various factors that are preventing a sharp downturn. The Federal Reserve’s interest rate cuts, along with continuing disinflation and a resilient service sector, are key contributors to this outlook. Despite some challenges in the Global Economy, Wells Fargo anticipates a bumpy ride into early 2025 before a mild growth recovery.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
