New Zealand inflation accelerated in the third quarter, pushing to the top of the Reserve Bank’s 1%-3% target band even as underlying price pressures recede and policy makers indicate further easing to come https://t.co/iOHvQ0pV8Y ...

Chinese measures to curb the export of rare earths could reignite price pressures in the euro zone if they ripple through the global economy, according to European Central Bank Governing Council member Madis Muller https://t.co/y4nkdSpwJy ...

Bank of England policymaker Megan Greene signalled that she is considering holding interest rates until at least March next year on concerns that policy is not restrictive enough to squeeze out lingering price pressures https://t.co/TBnjN8MONL ...

Bank of England Deputy Governor Dave Ramsden said there is still scope to cut interest rates further, predicting price pressures from the services sector and wages will continue to ease https://t.co/yydkW7gSUr ...

Austria is extending a limit on home-rental-fee increases to the free market in its latest measure aimed at improving affordability and tempering price pressures https://t.co/oc5cv8rOMy ...

UK households’ inflation expectations hit the highest level in two years, a setback for the BOE in its battle to keep price pressures under control https://t.co/mhqpJgVfZz ...

Indian households expect a significant decline in price pressures over the next year across all major product categories, including food, RBI survey says https://t.co/hum5FHHTtg ...

US bond traders will be scouring inflation data for signs of persistent price pressures https://t.co/93NUn4E0yT ...

Economic Outlook & Monetary Policy - Retail sales show positive signs, indicating the economy isn't declining sharply [1][4] - The market anticipates the Federal Reserve will cut rates this year, but the timing remains uncertain [5] - Some believe the Fed should cut rates aggressively to stimulate the economy, potentially requiring more than 25-50 basis points [6] - Neutral interest rates are likely higher than current estimates, possibly around 3-35%, suggesting less need for aggressive rate cuts to stimulate the economy [7] - Calibrating rates to the underlying economic dynamics is crucial [8] Tariffs & Inflation - Companies have significant cash reserves (over $25 trillion outside of tech) and free cash flow to absorb tariff costs [2] - External producers may be absorbing some tariff costs, similar to 2019 [3] - The worst fears surrounding tariffs may be averted, but price pressures are still emerging [3] - The Federal Reserve's ability to look past short-term price pressures is crucial [3] Housing Market - Regulation at the state and local level is a major factor driving elevated home prices [9] - Addressing regulation is essential for long-term affordability in the housing market [9] - Cyclical solutions include increasing supply and reducing mortgage rates, but these won't fully address the regulatory impact [9] - The prospective buyers index is at a new cycle low [8] Capital Expenditure (CAPEX) & Resources - The industry is focused on capital expenditure, particularly related to AI and data centers [10] - Data centers require significant resources, especially water, highlighting the need for desalination [11] - Desalination requires energy, emphasizing the interconnectedness of energy and resource management [11][12] - Innovation in desalination to reduce energy consumption is crucial [12]