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5 January 2024,06:07
Weekly Outlook
5 January 2024, 06:07
The consumer price index surged to 3.0% in November, surpassing the Fed’s 2% target, indicating continued advancement. The Fed’s commitment to sustaining elevated rates until inflation stabilises is a focal point for markets, alongside their future signals.
The UK’s economy saw an unexpected contraction in October, as GDP dropped from 0.2% to -0.3%. Despite predictions of steady rates from the BoE to address inflation, concerns persist over the subdued GDP figures. Most economists foresee growth stalling.
In November, the US PPI for final demand stayed at 0.0%, falling short of the anticipated 0.1%. While the Fed signalled plans to maintain higher rates, the positive trend in PPI supports the prospect of a “soft landing” scenario down the line.
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ہمارے پریشانی مفت عمل کے ساتھ PU پرائم لائیو اکاؤنٹ کے لئے سائن اپ کریں.
بغیر کسی تکلیف کے اپنے اکاؤنٹ کو وسیع چینلز اور قبول شدہ کرنسیوں کے ذریعے فنڈ کریں۔
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