Banks are in full-on defensive mode, GDP is in a huge and growing hole, and central bankers are realizing they're stuck no matter what. The end of last year for Europe stands as a stark warning that this global transition remains far from over with - even after two years of it already.
Eurodollar University's Money & Macro Analysis
ECB statement
https://www.ecb.europa.eu/press/pr/activities/mopo/html/index.en.html
Bloomberg ECB Cuts Rates for Fifth Time as Euro-Zone Economy Flatlines
https://www.bloomberg.com/news/articles/2025-01-30/ecb-cuts-rates-for-fifth-time-as-euro-zone-economy-flatlines
Bloomberg Traders’ ECB Rate Cut Bets Fuel Biggest Yield Drop in Two Months
https://www.bloomberg.com/news/articles/2025-01-30/german-two-year-yields-slump-as-traders-boost-ecb-rate-cut-bets
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.