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10th Dec 2024 19:17GlobalWeekly Monitor

  • US - Slowdown in payroll growth confirms monetary policy still is too tight
  • EUROZONE - ECB to ease by 25bp this week and tee up a cut in January too
  • UK - LFS revisions cut productivity and raise inflation pressure
  • CHINA+ - Japanese consumption activity still weak, as BoJ monitors wage trends
  • EM ASIA - RBI holds, just, but more grounds laid for a February rate cut
  • LATAM - Disinflation in Mexico leaves door open to further policy normalisation

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Keywords for: 11 December 2024 Global Monitor Downtrend in payrolls leaves us confident Fed will cut rates again this month

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