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 Riskshttps://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 Yearhttps://www.bloomberg.com/news/articles/2024-09-19/swiss-government-sees-sharp-drop-in-inflation-rate-next-year
Bloomberg Swiss Economists See ‘Substantial’ Chance of SNB Half-Point Cuthttps://www.bloomberg.com/news/articles/2024-09-19/swiss-economists-see-sustantial-chance-of-snb-half-point-cut
Politico EU Portuguese bank chief: ECB may need to accelerate interest rate cutshttps://www.politico.eu/article/mario-centeno-ecb-may-need-accelerate-easing-interest-rate-date-bank-portugal/
ZEW Hopes of a Recovery Are Fadinghttps://www.zew.de/en/press/latest-press-releases/hopes-of-a-recovery-are-fading
Bloomberg Germany May Already Be in Mild Recession, Bundesbank Sayshttps://www.bloomberg.com/news/articles/2024-09-19/germany-may-already-be-in-mild-recession-bundesbank-says
Euronews US chip-maker Intel has announced plans to postpone the construction of a factory in Germany for at least two years.https://www.euronews.com/business/2024/09/17/intel-postpones-construction-of-german-chip-factory-for-two-years
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