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I am doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare. You can sign up here: https://event.webinarjam.com/register/27/l3k2rby6 The only question is how long the Fed can hold out, not if. With other central banks racing toward the bottom already, the fact those around the FOMC are also speaking with more forceful concerns - even downgrading - their expectations has the Fed effectively trapped, only a step maybe two away from re-entering that same race. Eurodollar University's Money & Macro Analysis Bloomberg US Growth Downgrades Appear on Wall Street Amid Policy Turmoil https://www.bloomberg.com/news/newsletters/2025-03-10/us-recession-growth-downgrades-appear-on-wall-street-amid-policy-turmoil Atlanta Fed GDPNow https://www.atlantafed.org/cqer/research/gdpnow Atlanta Fed GDPNow Q1 adjustments https://www.linkedin.com/pulse/gdp-forecasters-some-gold-doesnt-glitter-atlantafed-fxb2e/?trackingId=IKtl2qJkTya%2FgvCxax%2FXEQ%3D%3D Bloomberg Fed Needs to Raise Threat of ‘Bad News’ Rate Cuts, El-Erian Says https://www.bloomberg.com/news/articles/2025-03-19/el-erian-says-fed-needs-to-raise-threat-of-bad-news-rate-cuts https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |