Economy & Markets Monthly Market Views October 2025

Discover with Monica Defend the Monthly Market Views for October 2025

We see 4 key themes driving markets in the weeks to come:

  • Tariffs may still slow growth in the coming months.
  • The Fed may be forced to cut rates further as the labour market softens.
  • ECB seems more confident that inflation is under control.
  • US-China trade tensions remain, but extreme escalation is unlikely.

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