Inaugural Franklin Templeton Institute Global Investment Management Survey Uncovers Predictions on Interest Rates, Inflation, Equity Market Growth and More
Survey highlights firm’s global market insights on the economy, equities, fixed income and alternative investments
HONG KONG, February 21, 2024 - According to the inaugural Franklin Templeton Institute Global Investment Management Survey, the U.S. Federal Reserve will deliver four interest rate cuts this year, in line with the four cuts predicted by the futures market and one more than the three cuts projected by the Fed’s own “dot plot.” As a result, the 30-year mortgage rate is projected to fall from nearly 6.7% to roughly 5.6% by the end of 2024.
The survey results, revealed by Franklin Templeton, encompass the views of 300 of its senior investment professionals from different teams around the world with unique knowledge, processes and perspectives. They span the breadth of Franklin Templeton, covering public and private equity, public and private debt, real estate, digital assets, hedge funds and secondary private market investments.