
India's trade deficit hits a record high, global inflation continues to ease, and some central banks are nearing the end of their rate-cutting cycle --- 1225 Macro Dehydration

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The Indian economy showed signs of recovery in November and December, but macro stability remains uneven, with a weak CPI and a trade deficit expanding to record highs. Global core inflation is expected to slow to 2.8% in the fourth quarter of next year. G10 central banks are cautious about interest rate cuts following policy easing, and the likelihood of halting rate cuts increases if unemployment rises or policy rates remain high
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