This report by State Street Global Advisors highlights key developments in global inflation trends and fiscal policy.
• U.S. Inflation: Core inflation steady at 3.3% YoY in October; shelter inflation eases but remains critical for 2025 forecasts.
• Monetary Policy: The Fed is expected to proceed with a December rate cut, with additional easing likely in 2025.
• Global Outlook: Japan’s domestic demand exceeded expectations, boosting GDP growth, while the UK grapples with sticky wage growth under new policies.
For a deeper dive into inflation trends and market strategies, access the full report.
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