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Central Banks Are Now Making Emergency Rate Cuts (Is the Fed Next?)
The economy really has deteriorated quickly, enough that what seemed highly unlikely if not impossible early in July was very near to happened at the end of the month. I said a July Fed rate cut was in play on the 3rd and now according to the FOMC's minutes...it was. That, along with panicky central bankers seeking to quicken the pace of cutting, is definitely not a good sign.
Eurodollar University's Money & Macro Analysis
EDU YT This Could Force the Fed to Cut Rates in July
https://www.youtube.com/watch?v=B03jMrfetks
Pascal Michaillat, Emmanuel Saez Has the Recession Started? August 2024…
The skinny
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