'Step down' in economic growth expected this year but backdrop still strong: NatWest's Kevin Cummins
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Kevin Cummins, chief U.S. economist at NatWest Markets, discussed the macroeconomic outlook on CNBC's 'Squawk Box'. He anticipates a 'step down' in economic growth this year but maintains that the overall economic backdrop remains strong.
January 10, 2025 | 4:15 pm
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NatWest Markets' chief U.S. economist, Kevin Cummins, expects a slowdown in economic growth this year, but the overall economic environment is still robust.
The statement by NatWest's economist suggests a cautious outlook on economic growth, which could imply stable but not necessarily positive short-term impacts on NatWest's stock. The overall strong economic backdrop may mitigate negative effects.
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