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Monthly Market Reviews: December Recap / January Outlook
December closed out a demanding year for global markets, with the long-awaited Federal Reserve meeting bringing the market to a decisive turning point. A year shaped by slow growth, stubborn inflation pressures, and persistent geopolitical risk. The Fed delivered its third consecutive rate cut following an extended period of restrictive policy. Risk assets initially welcomed the move, but the accompanying message remained cautious. Inflation pressures are easing, but the Fed has made it clear that future policy decisions will remain data-dependent. Sticky services inflation and resilient labour markets continue to ... (full story)