European Economist George Moran, Chief UK & Euro Area Economist George Buckley, and China Economist Hannah Liu discuss upcoming crucial UK data, ECB rate decision, and China's economic pressure. Topics include US political dynamics, ECB meeting speculation, ECB communication post-Centra conference, upcoming surveys in Europe, and key economic events in Asia like China's GDP release and expected stimulus measures.
Federal Reserve may consider rate cuts due to US GDP slowdown impacting consumer spending.
Critical UK data on inflation and labor market performance could influence Bank of England's interest rate adjustments.
Deep dives
US Economic Growth and Expectations for Fed Rate Cuts
The US economy is experiencing a slowdown, with GDP growth falling below the Fed's initial projections. Experts suggest that Chairman Powell should consider rate cuts in upcoming meetings as current growth estimates remain below 2%, affecting retail sales and consumer spending.
UK Economic Data and Bank of England's Monetary Policy
In the UK, critical data on inflation and labor market performance are key factors for the Bank of England's monetary policy decisions. Expected changes in inflation and wage growth could influence the timing of interest rate adjustments, potentially impacting the UK economy.
Asia's Economic Outlook and China's GDP Forecast
Asia's economic landscape, including China's GDP expectations, reveals a mixed outlook. While China's GDP growth is predicted to decline due to various economic factors, such as consumption trends and financial sector regulations, potential government stimulus measures might impact future growth trajectories.
Hear from George Moran, Host & European Economist, George Buckley, Chief UK & Euro Area Economist, and Hannah Liu, China Economist, as they discuss the key drivers for global markets next week. Europe will be in focus this week with crucial UK data and ECB rate decision due. China is also likely to face continued economic pressure.
Chapters: US (01:30), Europe (04:14), Asia (9:10)
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