• Analytics

    August 23, Economic Pulse – Key Events This Week

      Key Events This Week The Fed unexpectedly cut its key rate by 50 basis points which raised many questions.   Against expectations: Most analysts had predicted a more moderate cut. Signals of trouble: Despite the Fed’s optimistic Fed’s optimistic statements about the state of the economy, the data pointed slowing growth and possible recession risks. Historical parallels: Similar sharp rate cuts in the past have been associated with crises. Political factors: The upcoming U.S. election could influence the Fed’s decisions to support the financial markets. Risks to the global economy: The Fed’s decision could cause volatility in financial markets and affect exchange rates.   The main reasons for this…