Tuomas Malinen on Geopolitics and the Economy

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Tuomas Malinen on Geopolitics and the Economy
The Fed Pivots (Panics)

The Fed Pivots (Panics)

Something bad this way comes

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Tuomas Malinen
Sep 19, 2024
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Tuomas Malinen on Geopolitics and the Economy
The Fed Pivots (Panics)
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During the past week, we at GnS Economics forecasted that the Federal Reserve will cut by 25bps. Our reasoning was this:

However, the ‘super-core’, measuring services inflation, less energy services, rose by 4.9%, and 0.4% in month-over-month basis. This was the largest monthly increase in the index since April. We assume that this killed all hopes for a…

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