Global Data Pod Weekender: Slouching toward high-for-long

The news flow supports our core views on growth resilience and core inflation stickiness as we turn into the new year. As central banks process this news we expect a DM easing to take hold at midyear but prove shallow. Next week, the FOMC should lean in this direction removing one easing from its dot plot and raising its r* estimate

This podcast was recorded on 15 March 2024.

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