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You Won't Believe How Global Central Banks Responded To The Feds Rate Cuts
Now that the Fed has done it, everyone wants to get in on the act. They call it "undershooting" which is just a fancy word for "bonds were right." Switzerland, Canada, even the Europeans all thinking hefty and accelerated schedules. Leave it to the Brits to be the lone exception.
Eurodollar University's Money & Macro Analysis
Bloomberg Bank of Canada Officials Split on Balance of Inflation Risks
https://www.bloomberg.com/news/articles/2024-09-18/bank-of-canada-officials-are-split-on-balance-of-inflation-risks
Bloomberg Swiss Government Sees Sharp Drop in Inflation Rate Next Year…
The skinny
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