In this episode of The Decisive Podcast, S&P Global Market Intelligence's team of Purchasing Managers' Index economists decodes inflation, highlighting the stark differences between the US and Eurozone. Join host Paul Smith and fellow economists Andrew Harker and Phil Smith as they explore the underlying factors driving these trends, including tariffs and exchange rate movements. The team analyzes the latest PMI numbers from Germany and discuss how inflation expectations shape price pressures and client behavior, using Ghana as a compelling case study. The economists also look for clues into what firms worldwide are planning for the upcoming year in our Business Outlook data. The discussion features special questions regarding the impact of tariffs, focusing on Germany, the US, and Ireland, where these effects are expected to be significant. As they wrap up, they consider investment and employment strategies amid an uncertain economic landscape. Tune in for a comprehensive look at the forces shaping our global economy and what they mean for businesses moving forward. More S&P Global Market Intelligence Content: Strong currency appreciation opens door to interest rate cuts in Ghana Global economic outlook: June 2025 Trade and tariffs insights and news Credits: Host: Paul Smith Guests: Andrew Harker, Phil Smith Produced By: Sophie Carr Edited By: Marz Marcello Published With Assistance From: Feranmi Adeoshun

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“What did the council decide on item 42?” — answered with the speaker and the moment.