The “higher for longer” narrative about interest rates was toned down in a week with little concrete news about the economy, based on recent indicators that inflation is coming down. Not least last Friday’s US labour market report pointed in that direction, with job growth in October below expectations and downward revisions of the two […]
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If you’ve watched oil prices race higher while filling up your car, you might have quietly hoped there was some grown‑up in Washington ready to lean against the chaos for you. Instead, you woke up Read more…
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