10th October 2024

  • Fed Minutes Show Robust Debate About Size of September Rate Cut

‘Some’ officials would have preferred quarter-point cut

Almost all participants saw rising risks to employment

https://blinks.bloomberg.com/news/stories/SL3OQJT0AFB4

  • Powell’s Half-Pointer Is Hard to Repeat With FOMC in No Hurry

Minutes unveil details of pushback at September meeting

Several officials have shown preference for gradual approach

https://blinks.bloomberg.com/news/stories/SL435NT0AFB4

  • Germany Sees Economy Contracting for Second Consecutive Year

Government revises down output projection for 2024 to -0.2%

Economy Minister Habeck sees recovery taking hold next year

https://blinks.bloomberg.com/news/stories/SL2YP6T0AFB4

  • European Industrial Companies Are Most Distressed Since Pandemic

Germany the country experiencing the most corporate distress

Weil European Distress Index sees more issues for industrials

https://blinks.bloomberg.com/news/stories/SL3FYFT0G1KW

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