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4th Mar 2024 18:54Global, Weekly Monitor

  • U.S. - Job growth is set to slow in spring, and cyclical job growth could stop
  • EUROZONE - Services inflation too hot for an ECB rate cut in April; June it is then 
  • U.K.- Forecast Review:  Sticky wage growth makes MPC cautious to cut 
  • CHINA+ - China’s Lunar New Year holiday-spending splurge won’t last
  • EM ASIA - 8% growth in India unsustainable, with consumption still lacking
  •  LATAM - Brazil’s economy stagnates in H2; bold rate cuts still needed

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Keywords for: 6 March 2024 Global Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence