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For those in the Soft Landing USA camp, there was everything in today's Q4 2023 GDP report. Growth rate, consumers, an even more solid dose of disinflation. Near perfect Goldilocks. So why wasn't it taken that way in the market? Some answers from Europe. Eurodollar University's Money & Macro Analysis Bloomberg Lagarde Says It’s Likely ECB Will Cut Rates in Summer
https://www.bloomberg.com/news/articles/2024-01-17/davos-2024-lagarde-says-agressive-rate-cut-bets-don-t-help-ecb ECB Monetary Policy Statement
https://www.ecb.europa.eu/press/pressconf/2024/html/ecb.is240125~db0f145c32.en.html Bloomberg Lagarde’s Talk of Summer ECB Cut Sees Traders Bet on April
https://www.bloomberg.com/news/articles/2024-01-25/ecb-s-lagarde-stands-by-comments-on-likely-summer-rate-cut https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU |
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