More confirmation that recession is coming back with a vengeance in Europe. The latest data indicates the dangers this time around including jobs and layoffs. This situation in Europe is hardly unique. This is why central bankers are out in force downplaying their own rate cuts; to the point a few policymakers are outright lying why they voted for them.
Eurodollar University's Money & Macro Analysis
Bloomberg Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut
https://www.bloomberg.com/news/articles/2024-09-20/waller-says-slowing-inflation-led-him-to-support-large-rate-cut
Bloomberg Fed’s Kashkari Says Interest-Rate Hikes Not Entirely Ruled Out
https://www.bloomberg.com/news/articles/2024-05-28/fed-s-kashkari-says-rate-hike-not-entirely-ruled-out
Bloomberg Fed’s Neel Kashkari Expects Two Quarter-Point Cuts Before Year’s End
https://www.bloomberg.com/news/articles/2024-09-23/neel-kashkari-backed-fed-s-large-cut-and-another-half-point-this-year
Bloomberg Fed’s Bostic Says He Now Might Favor More Than One 2024 Cut
https://www.bloomberg.com/news/articles/2024-08-23/fed-s-bostic-says-he-now-might-favor-more-than-one-cut-this-year
Atlanta Fed On the State of the US Economy and Monetary Policy
https://www.atlantafed.org/news/speeches/2024/09/23/bostic--on-the-state-of-the-us-economy-and-monetary-policy
S&P Global S&P Global Flash US Composite PMI September 2024
https://www.pmi.spglobal.com/Public/Home/PressRelease/35c60149cdbe461fb6bc3c959a58a551
S&P Global/Hamburg Commercial Bank HCOB Flash Eurozone PMI September 2024
https://www.pmi.spglobal.com/Public/Home/PressRelease/cf25d7bb494046ae9256a00ca028f09a
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.