Spring 2025 Economic Forum

Increased trade fragmentation because of President Trump’s “Liberation Day” and continued geo-political uncertainties have all contributed to talks of a global economic slowdown and potential recession. Domestically, speculation about whether the measures designed to plug the fiscal hole, which were announced in the Spring Statement, will be enough to avoid future tax rises continues to dominate the conversation, despite a recent fall in inflation and marginal rise in GDP.  So, what should we make of the Chancellor’s economic handling so far, and how should the government respond to the economic waves that threaten to capsize their ship?  Should the Bank of England consider an additional rate cut, or will wage pressures keep inflation above target in 2025?  These are just some of the areas our experts will discuss as they explore some of the underlying economic trends and assess the likely policy impacts.

Globally, whilst the trade tariffs have fundamentally altered the growth prospects for a wide range of countries, including the United States of America, what will be the impact on other economic indicators, such as inflation? Will the headline rate of inflation across the advanced economies continue to fall and, if so, how should central banks respond? Should there be further interest rate cuts from the ECB and the Fed?  As part of their presentations, our speakers will discuss these topics together with the likely impact any trade agreements may have.