The Federal Reserve's Beige Book report last week indicated that the U.S. economy showed little change, with a noted weakening in labor demand. Meanwhile, the European Central Bank's October meeting minutes revealed a consensus against rushing to cut interest rates. This week, attention turns to key economic indicators, including the Fed's preferred inflation measure, the September Personal Consumption Expenditures (PCE) index, and the U.S. November ADP employment report.
Fed Beige Book Shows Stagnant Economy; ECB Not Rushing to Cut Rates
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