​A Funny Thing Happened On The Way To The Election – Tyler Durden

A Funny Thing Happened On The Way To The Election By Michael Every of Rabobank A funny thing happened on the way to the rate cut Pre-US CPI data yesterday, a friend bemoaned how monomaniacal markets are about “RATE CUTS!”, ignoring all else in their fixation on when the Fed, which doesn’t know what economy looks like now or ahead, will finally lower the official cost of borrowing, which has already plunged in the real economy, and with this FOMC act maybe not have anything to do with underlying inflation drivers anyway. “Wouldn’t it be funny,” they said, “If CPI…  — Continue at ZeroHedge News : Read More