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85 sats \ 2 replies \ @Coinsreporter 30 May 2024 \ on: US Economic Activity Expands Amid Regional Variations: Fed’s Beige Book Report econ
American people need not be tempted with all of these positive signs. They are such slight observations that they can be easily omitted with a slight change in policy.
Also, I don't foresee more than one cut this year. Practically the inflation is much more higher than in papers.
For Eurozone it's a catch catch situation as they are over dependent on USD and you rightly termed it as begging. Eurozone has no other choice than to begging.
It's an election year in America, which means Fed policy could be even more divorced from reality than normal.
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interesting democratic simulation, where in one country two candidates are available or where on another continent, Europe, Commissioners or the President of the Commission cannot be elected at all.
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