30th September 2024

  • Prospect of Second Big Fed Cut Hinges on Powell, Jobs: Eco Week

Slowing inflation data expected from euro zone to South Korea

Colombia set to cut rates, Poland and Iceland to hold

https://blinks.bloomberg.com/news/stories/SKKSP2T0AFB4

  • US Eastern Ports Prepare to Close With Labor Talks Stalled (3)

Biden says he wouldn’t intervene in a dockworkers strike

MSC, Maersk announce surcharge for port strike disruptions

https://blinks.bloomberg.com/news/stories/SKLQTIDWLU68

  • US Inflation Hits Fed’s 2% Goal Early 2025 in Economists Survey

Polled economists see PCE target met sooner vs August results

Results mostly match Fed estimates, which came out days before

https://blinks.bloomberg.com/news/stories/SKH43TDWX2PS

  • ECB Rate-Cut Bets Jump as France, Spain Inflation Sinks Below 2%

Prices rose 1.5% in France in September, 1.7% in Spain

Markets now see 80% chance of rates being lowered in October

https://blinks.bloomberg.com/news/stories/SKH28ZT0G1KW

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