The US monetary policy and the economic’s momentum

Philippe Waechter's blog

The CFNAI index (Fed Chicago) indicates in September that the Fed’s decision to ease monetary policy is not linked to a risk of recession. An index close to -0.7 generally reflects a risk of recession & intervention by the Fed. It is -0.24 in September.
More details here.

Change in the US monetary policy stance and CFNAI.
Sources: Datastream, Fed Chicago, Ostrum AM, ostrum.philippewaechter.com

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