FX.co ★ Investors become more optimistic about economic future

It seems that global investors have decided to express optimism after the publication of the latest data by the Bank of America.

For the first time since December 2021, the number of those who believe the global economy is improving has overtaken the number of doubters by as much as 11%.

In the last quarter, US GDP soared by 3.4%. Some analysts are already betting that the Federal Reserve will even think of lowering interest rates this year.

However, most investors are aware of the risks, including inflation and geopolitical turmoil. The poll was conducted before the recent incident between Iran and Israel. That is why the May data may surprise.