Eurozone Consumers Feel the Chill
Italian Business Confidence Improves in December; Consumer Sentiment Falls
Ifo: Business Climate in German Retail Sector Falls Amid Weak Demand
Syndicated Bond Issuance in Eurozone Likely to Stay Heavy in January -- Market Talk
The "last mile" challenge of inflation reappears, will central banks in Europe and the United States only slowly reduce interest rates in 2025?
The USA PCE price index has rebounded year-on-year for two consecutive months, and the United Kingdom CPI inflation has also jumped from 1.7% in September to 2.6%, exceeding the target level of 2%. Currently, traders expect the Federal Reserve to cut interest rates once next year, with a 50% probability of a second rate cut, whereas a month ago, expectations were for two rate cuts; it is anticipated that the Bank of England will cut rates twice next year, a decrease from the four rate cuts expected in October.
Riksbank Takes Hawkish Stance, While Norges Bank Is More Balanced, BofA Says