This Weekly Economic Report by NatWest provides an update on the UK, Eurozone, and U.S. economies, highlighting key developments and market trends as of December 2024.
• UK Economy: Continued contraction in Q4, with GDP down 0.1% in October and a cooling labor market amid consumer caution. House prices rose modestly, driven by increased buyer demand ahead of stamp duty changes.
• Eurozone Update: The ECB cut rates by 0.25%, citing progress in disinflation and slower recovery expectations.
• U.S. Inflation: CPI rose to 2.7%, driven by one-off factors like auto and travel costs, as the Fed remains data-dependent.
For a deeper analysis of these economic trends and their implications, access the full report.
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