Did Europe Just Cut Rates To Rig The Election (Is The Fed Next?)

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Jun 12, 2024 at 3:00 AM EDT

Last week's ECB rate cut was odd. Sure, officials had said for months they were going to do it. Yet, the conditions that would have to be met were not.

Time, Time Management, Stopwatch, Industry, Economy

Image Source: Pixabay

Last week's ECB rate cut was...odd. Sure, officials had said for months they were going to do it. Yet, the conditions that would have to be met were not. Policymakers went ahead anyway and this past weekend's developments are a big Big Picture reason why.

Video Length: 00:18:37