Australian interest ratesUS Economy

25 or 50 for Fed? Does it matter?

David Llewellyn-Smith
Monday 9 September 2024
Advertisement

TSLombard says 25bps.

August employment data continue the portrayal of an economy running out the string, nearing an inflection point.

Yes, August was an uptick from June and July, but given the combined 86,000 downward revision to those months, does anyone believe this month’s data will hold up?

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
Twitter Share
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.