.An eagle tops the united state Federal Book building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/Jonathan Ernst|ReutersWhile British fund manager abdrn predicts that the U.S. economy will view a soft landing, there is still the threat of a long term downturn in 2025, claimed Kenneth Akintewe, the company's chief of Oriental sovereign debt.Speaking to CNBC's "Squawk Package Asia" on Monday, Akintewe asked the concern: "Is actually the Fed actually sleepwalking in to a policy oversight?" He suggested economic data like non-farm payrolls, mentioning they were eventually revised to show a weaker economic image. In August, the U.S. Work Division mentioned that the USA economy created 818,000 fewer work than originally disclosed from April 2023 to March 2024. As part of its preliminaryu00c2 yearly measure revisionsu00c2 to the nonfarm pay-roll amounts, the Bureau of Work Data pointed out the real job development was actually nearly 30% less than the originally mentioned 2.9 thousand from April 2023 through March of this particular year.Akintewe mentioned: "Is actually the economic climate actually weak than the headline information suggests and [the Fed] should presently be actually alleviating?" He added that policy adjustments due to the Fed takes some time to move by means of the economic climate, "so if the economy is actually weaker than the heading record proposes, they will definitely require to collect [a] ample amount of easing, you understand, 150, 200, basis aspects, that will take a while."" And also as soon as you have actually done that quantity of easing, it takes six to 8 months to transfer that." An agent for the united state reserve bank wasn't promptly available when called by CNBC.If the economic climate unexpectedly shows indicators of additional weak point at the beginning of 2025, Akintewe stated it will take till the second half of 2025 to view the effects of any kind of relieving transmitted by means of the economy, which might appear "rather various" through that time.He likewise argued that the marketplace is actually as well focused on forecasting the measurements of any type of possible forthcoming cut, asking. "The various other inquiry no person seems to be to ask is actually, why is the policy price still at 5.5% when inflation is actually down [to] practically 2.5%? Like, perform you need a 300 manner factor true plan price in this particular type of environment along with all the unpredictability that our experts're encountering?" In the united state on Friday, information showed the individual intake expenditures (PCE) price index, the Federal Reserve's favored solution of rising cost of living, ticked up 0.2% final month, as expected.The records seems to back a much smaller rate decrease, along with U.S. rate futures recommending a minimal chance of a fifty basis-point fee cut later in September.Currently, markets observe an almost 70% chance of a 25-basis-point cut at the Fed's conference this month, with the staying 30% assuming the Fed to cut down fees through 50 manner factors, according to theu00c2 CME Fedwatch Tool.u00e2 $" CNBC's Jeff Cox helped in this file.