Charting the Global Economy: Fed Holds; BOJ Leaves Yen at Risk
Federal Reserve officials penciled in just one interest-rate cut this year and forecast more reductions for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation. #press
If you look at the movements on the bond and stock markets this week following the elections in the European Union, you can sense the panic that has gripped those in charge at the ECB Tower these days. The fact that Japan is allowing interest rates to rise slightly, while the USA continues to keep its interest rates constantly high, is putting the eurozone, which according to Lagarde lost 250 billion euros abroad last year, under increasing pressure. At the same time, the deficits of the member states continue to rise and the need for financing by ecb printers continues to grow. In the medium term, the euro will find itself in very rough waters! #Euro #ECB #geopolitics #economy #news
