Global Monetary Base - Update Through December 2024 And 2025 Forecast
Source: SeekingAlpha
2025-01-18 01:45:00 ET
Summary
- GMB was essentially flat MoM but has fallen by $977 billion or 3.9% over the last twelve months.
- Recent economic data show that inflation continues to steadily moderate with recent PCE core coming in at 0.1% and PPI coming in at 0.2%, and CPI coming in at only 0.2%.
- If the Global Monetary Base remains flat through the beginning of 2025, we expect interest rates to also stabilize and decline in the first half of 2025 as central banks cut rates in response to slow or negative growth.
The team at Infrastructure Capital Advisors tracks the Global Monetary Base, defined as currency in circulation plus bank reserves, as an indicator of current and future interest rates. This article provides data and insights for December 2024 data released in January 2025....
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Global Monetary Base - Update Through December 2024 And 2025 Forecast
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