.A bald eagle tops the U.S. Federal Book building's exterior in Washington, July 31, 2013. REUTERS/Jonathan Ernst/Jonathan Ernst|ReutersWhile British fund manager abdrn predicts that the U.S. economic climate will find a gentle touchdown, there is actually still the threat of a prolonged downturn in 2025, stated Kenneth Akintewe, the firm's chief of Asian self-governed debt.Speaking to CNBC's "Squawk Package Asia" on Monday, Akintewe inquired the concern: "Is actually the Fed actually sleepwalking in to a policy oversight?" He indicated economical information like non-farm payrolls, claiming they were later on changed to show a weaker financial picture. In August, the united state Effort Division mentioned that the U.S. economy produced 818,000 less work than actually disclosed coming from April 2023 to March 2024. As aspect of its preliminaryu00c2 annual criteria revisionsu00c2 to the nonfarm pay-roll numbers, the Agency of Labor Studies stated the true project development was nearly 30% less than the at first reported 2.9 thousand from April 2023 by means of March of the year.Akintewe mentioned: "Is the economic condition actually weaker than the heading data suggests and also [the Fed] should currently be actually relieving?" He added that policy improvements due to the Fed takes time to relocate with the economy, "so if the economy is actually weaker than the heading information proposes, they are going to need to accumulate [a] ample quantity of soothing, you recognize, 150, 200, basis aspects, that will certainly take a while."" And also the moment you have actually performed that amount of soothing, it takes 6 to eight months to broadcast that." A speaker for the U.S. central bank had not been right away readily available when called by CNBC.If the economic climate all of a sudden shows indicators of more weak point at the beginning of 2025, Akintewe mentioned it will certainly take up until the second half of 2025 to view the impacts of any sort of relieving broadcast via the economy, which could possibly look "very various" by that time.He additionally said that the market place is actually also focused on anticipating the dimension of any possible future cut, asking. "The various other concern nobody seems to inquire is, why is actually the policy fee still at 5.5% when inflation is down [to] just about 2.5%? Like, do you require a 300 manner aspect real policy fee within this kind of setting along with all the unpredictability that our team're experiencing?" In the USA on Friday, data showed the private intake costs (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 smaller sized cost decrease, with U.S. price futures advising a lesser opportunity of a 50 basis-point fee decrease later on in September.Currently, markets observe a nearly 70% opportunity of a 25-basis-point cut at the Fed's meeting this month, with the continuing to be 30% expecting the Fed to slash rates through fifty manner points, depending on to theu00c2 CME Fedwatch Tool.u00e2 $" CNBC's Jeff Cox added to this document.