I am doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare. You can sign up here: https://event.webinarjam.com/register/27/l3k2rby6

The only question is how long the Fed can hold out, not if. With other central banks racing toward the bottom already, the fact those around the FOMC are also speaking with more forceful concerns - even downgrading - their expectations has the Fed effectively trapped, only a step maybe two away from re-entering that same race.

Eurodollar University's Money & Macro Analysis

Bloomberg US Growth Downgrades Appear on Wall Street Amid Policy Turmoil
https://www.bloomberg.com/news/newsletters/2025-03-10/us-recession-growth-downgrades-appear-on-wall-street-amid-policy-turmoil

Atlanta Fed GDPNow
https://www.atlantafed.org/cqer/research/gdpnow

Atlanta Fed GDPNow Q1 adjustments
https://www.linkedin.com/pulse/gdp-forecasters-some-gold-doesnt-glitter-atlantafed-fxb2e/?trackingId=IKtl2qJkTya%2FgvCxax%2FXEQ%3D%3D

Bloomberg Fed Needs to Raise Threat of ‘Bad News’ Rate Cuts, El-Erian Says
https://www.bloomberg.com/news/articles/2025-03-19/el-erian-says-fed-needs-to-raise-threat-of-bad-news-rate-cuts

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Twitter: https://twitter.com/JeffSnider_EDU