[Federal Reserve Economic Outlook Indicates Soft Landing Expectations]
Allspring Global Investments manager stated that the Federal Reserve's 'Summary of Economic Projections' indicates there may be two rate cuts this year, GDP growth forecasts have been revised upward, unemployment rate is expected to decline, and the economy may continue to achieve a soft landing. This is favorable for the credit market, with yields remaining attractive. Attention should be paid to the rate-cut cycle and the possibility of stock market peaks accelerating merger and acquisition activities, which could pose challenges for credit investors.
