Emojis can carry very loaded and often sinister meanings, which the Netflix show 'Adolescence' has helped increase awareness of. In 2023, Surrey Police issued a guide for parents on the latest emoji slang for the drug trade (pictured)
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Effectively, the Fed must pick between containing either inflation or unemployment.
Not reducing interest rates will further weaken US GDP and likely increase unemployment.
However, if interest rates are cut immediately, we would expect to see another rebound in inflation.
Following this morning's data, odds of rate cuts beginning in June 2024 are up to 61%.
The fact that markets do not see IMMEDIATE cuts is more evidence of stagflation.
The market does not know which part of the Fed's dual mandate will be sided with.
Uncertainty is rising.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Not reducing interest rates will further weaken US GDP and likely increase unemployment.
However, if interest rates are cut immediately, we would expect to see another rebound in inflation.
Following this morning's data, odds of rate cuts beginning in June 2024 are up to 61%.
The fact that markets do not see IMMEDIATE cuts is more evidence of stagflation.
The market does not know which part of the Fed's dual mandate will be sided with.
Uncertainty is rising.
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
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