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  • December 13, 2024

    Underperforming global economy justifies interest rate cuts

    Econoday’s Relative Economic Performance Index (RPI) closed out last week at minus 4. While not significantly below zero, this extended its unbroken run of sub-zero readings to three weeks and, with the RPI-P at minus […]

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  • December 13, 2024

    High points for economic data scheduled for December 16 week

    The FOMC meets on Tuesday and Wednesday in the December 16 week with the FOMC statement and update to the quarterly summary of economic projections (SEP) expected at 14:00 ET on Wednesday. Chair Jerome Powell […]

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  • December 10, 2024

    December ECB meeting preview: expected to cut rates by 0.25% points

    The European Central Bank (ECB) is anticipated to cut its key deposit rate by 0.25 percentage points at Thursday’s announcement, bringing the rate to 3.00 percent. This aligns with the ECB’s broader strategy to achieve […]

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  • December 9, 2024

    December SNB MPA preview: Swiss franc strength boosts rate cut pressure

    The economic picture facing the SNB as it prepares for December’s Monetary Policy Assessment (MPA) is little changed from that at the time of the September report. Indeed, inflation has fallen even further and is […]

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  • December 6, 2024

    Global economy still underperforming

    Econoday’s Relative Economic Performance Index (RPI) slipped further below zero last week. At minus 16, the latest reading shows recent global activity struggling to keep up with market forecasts. The U.S. and Canada are essentially […]

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  • December 6, 2024

    High points for economic data scheduled for December 9 week

    The December 9 week does not have a busy data schedule, but it does include the November CPI report at 8:30 ET on Wednesday. This is one of the last reports that could mean an […]

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