Weekly Market Commentary - 16 January 2023

This week we got new data on inflation, job creation and growth, all of which have been scrutinised intensively to see if there is any sign central banks might be able to start cutting interest rates in the near future. On that front it was a bit of a mixed bag. Inflation in the US continued to slow, although it remains far too high still, employment growth is still strong, although not as strong as it was, and the UK and Europe are growing a bit more than expected.

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