For the economy, the beginning of autumn looks warm, that is, interesting. With many questions. On the positive side, theUS economy keep marching: too fast? Will it force the Fed to no longer lower rates? Another positive element of the picture is the rapid Eurozone inflation falls: the ECB will he draw all the consequences? On the negative side there is the Chinese economic weakness and above all of the Eurozone, where the Germany it has become a ball and chain, rather than a locomotive: what are the factors that are holding back the most important economy of the Old Continent?
In the background there are two sources of great uncertainty: the outcome of the US Presidential Elections and the fearful escalation of the war in the Middle East: what effects will the first have, while the second will further increase the price of oil? These questions are troubling analysts and economic policy makers. Economic Hands October 2024 respond by bending down to examine the data. The Hands are a monthly column edited by Fabrizio Galimberti e Luke Paolazzi, which monitors the health of the economy in the short term, always paying attention to those structural changes that inevitably affect the behavior of families and businesses and paying attention to the orientations of governments and Central Banks. The Hands come out only on FIRST online. From future the edition of October 2024.