Vanguard's 2025 outlook predicts global monetary easing, moderate U.S. GDP growth, and a gradual decline in inflation. They foresee improved fixed income opportunities due to higher yields and balanced potential for equity returns over the next decade.

A return to sound money. It’s a theme we at Vanguard have been communicating for more than a year, and in 2024 we believe that the greater investing world will come around to its implications.

Get updates on our 2023 outlook for growth, inflation, and central bank policies, plus 10-year asset class return forecasts.

Our global survey of economic conditions features a look at divergent expectations for the key U.S. interest rate.

Vanguard's model anticipates that the Fed won't be in a position to cut rates until the middle of 2024.

Picking the right countries, sectors, and securities (and getting the timing right) is virtually impossible to do consistently. That’s where consistent global diversification comes in.

Vanguard Market perspectives offers global economic and security returns forecasts.

With all the recent headlines about bank failures, we asked Sara Devereux, global head of Vanguard Fixed Income Group, for her perspective on what happened with the banks, how our bond portfolios fared in the market tumult that followed, and how well positioned those portfolios are for future volatility.

Vanguard currently believes a recession will likely arrive this year, and municipal bond investors should expect that headlines about the potential for downgrades and defaults will soon follow.

Key Takeaways from the 2023 Vanguard Economic and Market Outlook.

Vanguard December Market perspectives offers global economic and security returns forecasts.

Liquidity has been evaporating from the Treasury market. Vanguard's active fixed income funds are managing for stability.

Vanguard November Market perspectives offers global economic and security returns forecasts.

The 2022 bond market so far has been the worst in history. Do active portfolio managers see hope for fixed income investors anytime soon?

We now have two of the three ingredients for stagflation—high inflation and low or no economic growth—but we are missing the third, high unemployment.

Vanguard September market perspectives offers global economic and security returns forecasts.

Recent extreme market volatility can afford you the chance to redeploy your capital in order to help achieve your long-term financial goals. Here are four reasons to embrace global investing.

Soaring inflation. Rising rates. Market volatility. What are strategies for responding not only to the rocky, recent past quarter, but also to the prospect of a rising-rates environment over the next cycle?

In addition to raising its key interest rate target by half a percentage point on May 4, the Fed has said it will start to shrink its balance sheet, another step in post-pandemic policy normalization.

Three factors will determine whether central banks can navigate a soft landing of continued growth with prices rising at acceptable levels, or whether they miss an uncomfortably short runway.