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3 Numbers: UK positioned for strong labour data, EU CPI, US GDP
Thursday is a busy day for economic news, including the monthly update on Britain’s labour market. Although the numbers are expected to be upbeat, any bullish news will remain overshadowed by the uncertainty associated with tomorrow's Scottish independence vote. Meantime, we’ll also see revised August data for Eurozone inflation, which continues to sink lower and keeps the risk of deflation front and centre. The main event today on the economic front arrives via the Federal Reserve, which releases a monetary statement and revises its economic forecasts at 18:00 GMT, followed by Fed chair Janet Yellen’s press ... (full story)