Switzerland sort of came out of left field, so I'll take New Zealand, without knowing much of anything about what's going on there.
I assume their economy is tied pretty heavily to China, which seems to be going through some turmoil right now, so they may "need" to stimulate some economic activity.
reply
31 sats \ 1 reply \ @kr OP 21 Mar
interesting prediction, i’ll go with Canada because the vibes up here seem to be a bit off lately
reply
Canada does seem like a pretty good analogue of Switzerland, if the explanation I heard was right: Switzerland was basically pre-empting ECB rate cuts.
reply
I first thought that you missed the data for Japan, lol.
U.S.A is my bet.
reply
Isn't it interesting how wrong the market has been about rate cuts? We were supposed to already be in cuts by now. I'm wondering if there will be cuts in the US before fall at this point.
reply
35 sats \ 0 replies \ @OT 21 Mar
I'll go with the US. Elections are just round the corner
reply
I think ECB is most likely to cut the rates next. It will be followed by India's then China's, then, 1 by 1 all countries except the US. Because, US is the big boss and wouldn't put down, no matter if it's interest rate only. It's the matter of US prestige. First all others, then US will cut rates. That's all.
reply
Oh Canada baby. We can win this.
reply
20 sats \ 0 replies \ @kr OP 21 Mar
🇨🇦
reply
The way things are going, I think everyone is going to have to cut back. The question should be, when?
reply
These idiots are damned if they do. Damned of they don't.
Fiat bankers can only fiat bank.
reply
Does the Japan pivot signal incoming macro havoc?
reply