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
Following the Fed, the Swiss, Swedes and BoE. Plus a shocking drop in Australian employment that's going to be a factor for RBA, too. Whatever central bankers say today, it's what they're already doing which matters. The upshot is that those currently not engaged in the global race to the bottom (interest rates) are increasingly likely to re-enter it. Mr. Powell, too.
Eurodollar University's Money & Macro Analysis
SNB statement
https://www.snb.ch/public/publication/en/www-snb-ch/publications/communication/press-releases-restricted/pre_20250320/0_en/pre_20250320.en.pdf
CNBC International Interview w/SNB's Martin Schlegel
https://www.youtube.com/watch?v=wGghKflsrng
Bloomberg Swiss Watch Exports Resume Drop on Weak China, US Demand
https://www.bloomberg.com/news/articles/2025-03-20/swiss-watch-exports-drop-in-february-on-weak-demand-in-china-us
Morningstar Bank of England votes 8-1 to keep interest rates on hold at 4.50%
https://www.morningstar.co.uk/uk/news/AN_1742473139383901300/bank-of-england-votes-8-1-to-keep-interest-rates-on-hold-at-450.aspx
Bloomberg Sweden’s Riksbank Holds Rate Steady and Says Easing Is Over
https://www.bloomberg.com/news/articles/2025-03-20/sweden-s-riksbank-holds-rate-steady-and-signals-easing-is-over
Riksbank May 2024 statement
https://www.riksbank.se/en-gb/monetary-policy/monetary-policy-report/2024/monetary-policy-decision-may-2024/
FOMC SEP (and dots)
https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdf
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
