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ECB Monetary Policy Decision Preview: A Post-Summer Balancing Act
As ECB policymakers return from their summer break, they’re diving headfirst into the task of managing an economy where inflation remains sticky and growth is not keeping up with expectations. With a major monetary policy decision coming on Thursday, September 12, expectations are baked in for a 25 basis point rate cut. But the bigger question is—what happens after that? 1. Inflation: Core Pressures Still Persist • Services Inflation: Still Sticky The ECB had hoped that inflation would cool down more over the summer, but services inflation has been stubbornly high, rebounding to 4.2% in August. While it was ... (full story)
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From cnbc.com|Sep 6, 2024Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in less than two weeks, and indicated he’d be open to ...
From bnnbloomberg.ca|Sep 6, 2024|1 commentFederal Reserve Bank of New York President John Williams said it is now appropriate for the central bank to reduce interest rates, given progress on lowering inflation and a ...
From @cablefxmacro|Sep 6, 2024|5 commentspost: <=USD>:
*FED'S GOOLSBEE: TODAY'S JOBS NUMBER CONTINUES WHAT WE'VE SEEN post: FED'S GOOLSBEE: THE JOB MARKET IS SLOWING DOWN. post: FED'S GOOLSBEE: IT RAISES SOME SERIOUS QUESTIONS ABOUT THIS MEETING AND NEXT SEVERAL MONTHS THAT WE MAKE SURE NOT TO MAKE LABOR MARKET TURN INTO SOMETHING WORSE. post: FED'S GOOLSBEE WHEN ASKED ABOUT 50 BPS CUT IN SEPTEMBER: WHAT HAPPENS AT NEXT MEETING ALONE IS NOT WHAT IS MOST IMPORTANT. post: 
FED'S GOOLSBEE: THERE IS A OVERWHELMING FED CONSENSUS FOR MULTIPLE RATE CUTS.
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From corporate.nordea.com|Sep 6, 2024The US labour market is clearly cooler, but most indicators still show an economy operating at trend or higher. It makes sense for the Fed to start removing policy restraint, but ...
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From raymondjames.com|Sep 6, 2024August’s employment report, which was weaker than markets were expecting but stronger than our call, cements our view that the easing cycle will begin during the next Federal Open ...
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- Posted: Sep 6, 2024 12:51pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,576
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