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🇺🇸❗️Monetary Conditions Continue to Ease In The U.S.: Cable FX Macro

**As seen in Macro Walk report 04/07/23, subscribe at cablefxm.co.uk/reports

  • The U.S. Financial Conditions Index compiled by Bloomberg, showed monetary indicators easing on the week. While the gauge is throwing negative readings, it is set to record a fourth-straight week of easing

  • U.S. Bloomberg FCI last print at -103, this can be interpreted as monetary conditions standing at the least tight since early March

  • We remind you that this development is contrary to what the Federal Reserve is attempting to do when tightening policy, however, measures seem a lot more stressed than at the beginning of the year

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