Chart of the week – DM central banks in pause mode
This week’s bumper set of central bank meetings yielded little in the way of major policy action. But with evidence of cooling labour markets and flagging economic momentum in Europe, weaker conditions in 2024 could drive faster-than-expected policy easing.
More from this week:
- China’s development in a multi-polar world
- Investment grade credits offering equity-like returns
- Earnings: solid Q3 but 2024 revisions roll over
- Momentum turns negative for European equities