Will they really deliver it?
Fed funds says 40% chance for 75 bp cut
Anyone know the last last time Fed cut 75 bp?
Why not just to declare dollar dead?
After yesterday’s cut, the USD is a de facto carry trade funding currency…
Never would expect a 1.25 cut in 8 days. EUR will become the numer one currency. It will not take long until oil is going to be priced in EUR
After today’s payrolls number showing 17k jobs lost last month I think we can expect yet another cut in March…