Reuters asks London CIV: will 2024 be a golden year for the economy?


This week, David Pollard, presenter of Reuter's Market Insight, asks London CIV's CIO, Aoifinn Devitt, whether pick up in US business activity, coupled with their product prices falling to a level not seen in more than three and a half years, is the first sign of a "goldilocks scenario" of growth without inflation?

Inflation is certainly not in the rear-view mirror, says Aoifinn Devitt. "We all know that when it comes to inflation being on the decline, we're coming down a mountain - that's exactly where we have to watch our footing, as there's a propensity to stumble and fall. We don't expect it to be a smooth trajectory - not yet anyway."

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