Inflation is now at par with 2007 where Fed cut by 50 bps.
Snapshot Thursday
Dear Subscribers,
Happy Snapshot Thursday!
First published in our Telegram Group, Swissblock’s Henrik Zeberg shares his weekly insights on crypto and macro price action. Make sure to join the channel for the most direct access to this resource:
Swissblock’s Macro expert, Henrik Zeberg, analyzes the current dynamics between the U.S. Fed Funds Rate, the 2-year Yield, and inflation trends, drawing a line with past economic downturns. With the CPI now at 2.5%, a level comparable to those seen before the dot-com bubble and the 2008 financial crisis, the discussion is on how the Fed's delayed response to market signals can lead to a recession.
Now let’s let Henrik take over: