The US monetary policy and the economic’s momentum

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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