Better European service numbers, but US more so
NAB Morning Call
ECB Rate Decisions Amidst Global Economic Challenges
This chapter explores the European Central Bank's considerations for lowering interest rates amid positive inflation signs, contrasting it with the Bank of England's cautious stance. It also evaluates the resilience of the Australian dollar against the U.S. dollar despite unfavorable economic news from China and discusses the broader implications of weak domestic demand on consumer spending.
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