If this month has not been forecast before (ie it is neither mid nor end year), the history of FT scenario forecasts will be derived from a weighted average of the previous six-monthly forecasts. The Fed has given every indication that it is not willing to change rates in January and th...
For the BCCh, activity would be showing signs of stabilization and mixed signals within domestic demand, consumption with some recovery, but weak investment. On the labour market and expectations side, the diagnosis remains unchanged: weakness and pessimism. We...