In this episode of Danske Bank's podcast, "Markedspladsen," chief economist Lasse Ohsen and Louise Aggerstrøm Hansen discuss the economic outlook, focusing on household finances and consumer behavior leading up to Christmas and into the new year. They review recent central bank meetings, including the European Central Bank's decision to hold steady on interest rates, and analyze US economic data, considering the impact of delayed reporting. The conversation shifts to Danish household spending, noting a potential uptick in November and rising consumer confidence. Looking ahead to the next year, they anticipate increased disposable income due to tax cuts and rising wages, which could drive consumer spending and overall economic growth in Denmark, while also acknowledging the importance of monitoring the US labor market for global economic indicators.
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