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🇪🇺 🇪🇺 ECB’s Stournaras said Bank could cut rates if CPI drops under 3% by August 2024
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🇬🇧 🇬🇧 UK online sales in the Christmas trading season are expected to rise 2.7% from a year earlier according to Adobe Analytics. UK shoppers will spend 24.1 billion pounds ($29.6 billion) online in the Nov. 1 to Dec. 31 period. Adobe said UK consumers would also make more use of “Buy Now, Pay Later” (BNPL) services to spread the cost of gift buying
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🚨 🚨 BREAKING: Bond Traders Are Betting For A Seventh Time On A Fed Shift To Rate Cuts. Nearly 100 basis points of Fed cuts priced in the swaps market
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