Czech economy has so far been driven by household consumption and investment, particularly in construction and services, but growth is set to slow next year, ΔSOB economist Jan BureΕ‘ estimates. While Germanyβs economy remains fragile, the Czech Republic continues to benefit from domestic demand and capital spending. BureΕ‘ points to construction and service-sector activity as the main contributors to current momentum. He warns, however, that this favourable dynamic is unlikely to be sustained at the same pace into the coming year. #CzechEconomy #CSOB #Europe #FiatNews
#Czech public finances: MojmΓr Hampl, chair of the National Budget Council, discussed expectations for state budgeting under the new government, outlining priorities and risks for fiscal policy going forward. #CzechRepublic #FiatNews
#Which stocks benefit from AI? Goldman Sachs mapped US companies most exposed to AI trends; commentator Jeremy Siegel discussed potential economic and market implications of AI winners in equity markets. Coverage highlights sector winners and valuation questions. #AI #FiatNews
#US policy outlook: Torsten Slok (Apollo) told CNBC a December Fed rate cut would be difficult. Current data show inflation around 3% and Slok expects it to stay near that level for about 18 months, supporting a cautious Fed stance. #Fed #FiatNews
#Eurozone business activity remained solid in November per preliminary S&P Global PMI data, with the composite index holding above the 50 threshold for nearly a year; industrial activity is the main drag on momentum. #Eurozone #PMI #FiatNews