Attention Economy


Wednesday, January 17, 2024

Too Early for Rate Cuts

Inflation isn’t beaten yet and risks of a new price shock are rising
https://www.cnn.com/2024/01/19/economy/davos-inflation-red-sea-middle-east/index.html

Consumers Start 2024 on Strong Footing After a Jolly Holiday
https://www.wsj.com/economy/consumers/us-retail-sales-report-2024-030eaa0a
 
Markets Expect Rate Cuts Soon. Central Banks Say Not So Fast.
https://www.wsj.com/economy/central-banking/markets-expect-rate-cuts-soon-central-banks-say-not-so-fast-95d6c03f
Officials will probably loosen monetary policy in 2024, but they have reasons to move more slowly than investors are betting

The risk of premature central bank celebrations on inflation

Lagarde blames markets for ECB’s failure to get inflation under control
https://www.telegraph.co.uk/business/2024/01/17/christine-lagarde-blames-markets-ecb-fail-control-inflation/