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Key events in developed markets and EMEA next week
The BoE is set for yet another ‘on hold’ decision in December – barring any enormous data surprises, that is. Over in Poland, we expect third-quarter GDP growth to come in positive, while in Hungary we should see the country's technical recession coming to an end. US: CPI and PPI expected to come in flat on the month Federal Reserve Chair Jerome Powell again acknowledged last week that monetary policy is “restrictive”, but remains unsure as to whether it's restrictive enough for inflation to return sustainably to 2%. We think it is, and we do not expect any further Federal Reserve interest rate hikes from ... (full story)