.A bald eagle tops the USA Federal Get property's exterior in Washington, July 31, 2013. REUTERS/Jonathan Ernst/Jonathan Ernst|ReutersWhile British fund manager abdrn forecasts that the U.S. economy will see a gentle landing, there is still the risk of an extended downturn in 2025, stated Kenneth Akintewe, the firm's director of Oriental sovereign debt.Speaking to CNBC's "Squawk Container Asia" on Monday, Akintewe talked to the question: "Is the Fed already sleepwalking right into a policy error?" He suggested economic data like non-farm pay-rolls, mentioning they were later on modified to demonstrate a weaker financial image. In August, the USA Labor Team reported that the united state economy developed 818,000 far fewer work than initially disclosed coming from April 2023 to March 2024. As part of its preliminaryu00c2 yearly standard revisionsu00c2 to the nonfarm payroll numbers, the Agency of Work Data claimed the real work development was nearly 30% lower than the at first stated 2.9 million from April 2023 through March of this particular year.Akintewe said: "Is the economic situation actually weaker than the title record advises as well as [the Fed] should presently be actually easing?" He added that policy changes due to the Fed takes a while to move through the economic situation, "thus if the economy is weak than the title record proposes, they will certainly need to gather [a] sufficient quantity of alleviating, you understand, 150, 200, manner factors, that will definitely take some time."" As well as as soon as you have actually performed that volume of relieving, it takes six to 8 months to broadcast that." A representative for the united state reserve bank wasn't instantly on call when contacted by CNBC.If the economic condition instantly reveals indications of more weak spot at the start of 2025, Akintewe said it will take up until the second half of 2025 to view the effects of any type of reducing transmitted via the economy, which could possibly look "pretty various" by that time.He also claimed that the market is actually as well concentrated on forecasting the dimension of any achievable forthcoming cut, inquiring. "The other inquiry no one appears to ask is actually, why is the plan cost still at 5.5% when rising cost of living is down [to] almost 2.5%? Like, perform you require a 300 manner factor genuine policy cost within this type of setting along with all the uncertainty that our experts're dealing with?" In the united state on Friday, records revealed the private consumption expenses (PCE) consumer price index, the Federal Reserve's favored step of inflation, ticked up 0.2% final month, as expected.The information seems to back a smaller fee decrease, along with united state price futures proposing a minimal odds of a fifty basis-point rate decrease eventually in September.Currently, markets observe a virtually 70% opportunity of a 25-basis-point decrease at the Fed's meeting this month, along with the staying 30% expecting the Fed to lower fees through fifty basis factors, depending on to theu00c2 CME Fedwatch Tool.u00e2 $" CNBC's Jeff Cox helped in this record.