As uncertainty swirls around the global economy amid a shifting trade landscape, the world’s major central banks are taking divergent paths on interest rates, writes RSM US Chief Economist Joe Brusuelas in the July-August issue of The Real Economy. Brusuelas, along with RSM's global team of economists, offers RSM’s forecast for global central banking in the second half of the year, including analysis from England, India and Australia.
Also in this issue, Brusuelas analyzes how the rising uncertainty is prompting investors to question the soundness of the American dollar and dollar-based assets, and examines the impact on global supply chains and energy markets.