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Central banks’ “beautiful” normalisation of balance sheets and rates will drive the transition from a reflationary into a late financial cycle regime against a backdrop of consolidating growth (from both a macro and micro fundamental standpoint) and subdued inflation.
Monica DEFEND, Lorenzo PORTELLI
Amundi Research & Investment Insights Unit , Valentine AINOUZ, Sergio BERTONCINI, Federico CESARINI, Monica DEFEND, Debora DELBÓ, Eric MIJOT, Lorenzo PORTELLI, Ibra WANE