0 sats \ 0 replies \ @halalmoney 17 Apr \ on: Eurosystem in deep trouble econ
It seems Lagarde is inclined to cuts rates - unless there’s a big surprise. Perhaps these big surprises help sustain the unsustainable: major shock > contraction in demand > monetary velocity drops > a nice opportunity to open the monetary spigots.
https://www.cnbc.com/2024/04/16/lagarde-says-ecb-will-cut-rates-soon-barring-any-major-surprises.html