Quarterly Economic Report, Q2 2021

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Key takeaways

The SVB Asset Management Economic Report is a quarterly review and outlook on economic and market factors that impact global markets and business health.


Growth and inflation expectations are increasing as economies recover

Unprecedented fiscal stimulus and ongoing vaccine distribution will continue to boost growth.


The Fed has taken an outcome driven approach

The Fed will wait for data to indicate the recovery is solid before raising the fed funds rate.


There has been a yield divergence

Front-end yields are anchored low while belly of the curve and beyond has steepened.