Friday: ECB set to cut 150 bps more in 2025
Update: 2024-12-12
Description
The ECB cuts 25 bps as expected, but the Swiss National Bank surprises with 50 bps cut. US headline PPI inflation is hotter than expected, but core inflation is still cooling. Australia’s jobs market tightens as unemployment falls. And India’s inflation rate falls, clearing the way for the RBI to cut in February.
In our bonus deep-dive interview, as we start thinking about what to put on the table for Christmas, ANZ’s executive director for Agribusiness insights Michael Whitehead reveals what Australians eat and drink on Christmas Day.
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