---
title: Syz The Moment | Central banks (66)
description: Central banks | Syz The Moment (66)
---

[![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr)

## **Thinking** out loud

[Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en)

[![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2)

- [OUR SERVICES](https://www.syzgroup.com/en/private-banking)
- [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz)
- [CAREERS](https://www.syzgroup.com/en/careers)
- [PRESS](https://www.syzgroup.com/en/news)
- [Blog Homepage](https://blog.syzgroup.com) 
    - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) 
          - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus)
          - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights)
          - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook)
          - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives)
    - [Syz the moment](https://blog.syzgroup.com/syz-the-moment)
    - [Crypto corner](https://blog.syzgroup.com/crypto-corner)
    - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights)
    - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) 
          - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts)
          - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash)
          - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income)
          - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities)
          - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook)
- [CONTACT](https://www.syzgroup.com/en/contact-us/form)
- [ENGLISH](https://www.syzgroup.com/)
- [FRANÇAIS](https://www.syzgroup.com/fr)

- [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) 
    - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus)
    - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights)
    - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook)
    - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives)
- [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) 
    - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash)
    - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income)
    - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts)
    - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook)
    - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities)
- [Syz the moment](https://blog.syzgroup.com/syz-the-moment)
- [Crypto corner](https://blog.syzgroup.com/crypto-corner)
- [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights)
- [Our Services](https://www.syzgroup.com/en/private-banking)
- [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz)
- [Careers](https://www.syzgroup.com/en/careers)
- [Press](https://www.syzgroup.com/en/news)
- [Contact](https://www.syzgroup.com/en/contact-us/form)
- [English](https://www.syzgroup.com/)
- [Français](https://www.syzgroup.com/fr)

## **Sign-up** for our newsletter

 This website uses cookies to enhance user navigation and to collect statistical data. You can change your settings below to refuse the use of cookies. For more information, please refer to the [Cookies policy](https://www.syzgroup.com/en/legal-notices).

 Mandatory cookies

 Functional cookies

 Statistics & marketing

I confirm I am not a US citizen residing in the US

I confirm I am not accessing this site from the US

I confirm that I am not a resident of Canada (except for Ontario, Quebec, British Columbia or Alberta).

Agree and confirm

### Restricted access

We are sorry that for legal reasons we are not able to help US citizens or Canadian residents other than in Ontario, Quebec, or Alberta. Best wishes for the future…

### Restricted access

We are sorry that for legal reasons we are not able to help US citizens or Canadian residents other than in Ontario, Quebec, or Alberta. Best wishes for the future…

You chose the following profile. If you made a mistake, please change here USA

Country

Switzerland Canada: Other than Ontario, Quebec, Alberta Canada: Ontario, Quebec or Alberta USA Other country

Language

Language English French German Italian

I confirm

Legal information

This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material.

This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor.

This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other   
 Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document.

## Straight from the Desk

# **Syz** the moment

Live feeds, charts, breaking stories, all day long.

- [All](https://blog.syzgroup.com/syz-the-moment)
- [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities)
- [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states)
- [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics)
- [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought)
- [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets)
- [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks)
- [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin)
- [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income)
- [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics)
- [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai)
- [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe)
- [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia)
- [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)
- [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities)
- [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing)
- [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology)
- [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto)
- [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis)
- [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia)
- [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)
- [china](https://blog.syzgroup.com/syz-the-moment/tag/china)
- [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf)
- [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings)
- [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex)
- [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy)
- [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking)
- [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7)
- [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives)
- [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility)
- [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate)
- [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple)
- [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets)
- [google](https://blog.syzgroup.com/syz-the-moment/tag/google)
- [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east)
- [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland)
- [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla)
- [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom)
- [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon)
- [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft)
- [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement)
- [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum)
- [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta)
- [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia)
- [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production)
- [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare)
- [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg)
- [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook)
- [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey)
- [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation)
- [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy)
- [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics)
- [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook)
- [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance)
- [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa)
- [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm)
- [Global](https://blog.syzgroup.com/syz-the-moment/tag/global)
- [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news)
- [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities)

Show more

14 Dec 2023

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-4daa081b&text=Big%20move%20down%20in%20Treasury%20yields%20yesterday%20after%20the%20FED%20projected%2075%20bps%20of%20rate%20cuts%20in%202024...>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-4daa081b&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1702534436231.jpg&title=Big%20move%20down%20in%20Treasury%20yields%20yesterday%20after%20the%20FED%20projected%2075%20bps%20of%20rate%20cuts%20in%202024...&summary=1-Year:%204.94%,%20down%2055%20bps%20from%20Oct%20high.%202-Year:%204.46%,%20down%2073%20bps%20from%20Oct%20high.%2010-Year:%204.04%,%20down%2094%20bps%20from%20Oct%20high.%20Source:%20Charlie%20Biello&source=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-4daa081b>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-4daa081b>

#### Big move down in Treasury yields yesterday after the FED projected 75 bps of rate cuts in 2024...

1-Year: 4.94%, down 55 bps from Oct high. 2-Year: 4.46%, down 73 bps from Oct high. 10-Year: 4.04%, down 94 bps from Oct high. Source: Charlie Biello

[#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks)

![Big move down in Treasury yields yesterday after the FED projected 75 bps of rate cuts in 2024...](https://blog.syzgroup.com/hubfs/1702534436231.jpg)

![Big move down in Treasury yields yesterday after the FED projected 75 bps of rate cuts in 2024...](https://blog.syzgroup.com/hubfs/1702534436231.jpg)

14 Dec 2023

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-f0d9324b&text=The%20Fed%20is%20finally%20giving%20up...>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-f0d9324b&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1702510542016.jpg&title=The%20Fed%20is%20finally%20giving%20up...&summary=Fed%20holds%20rates%20steady%20but%20indicates%20three%20cuts%20coming%20in%202024.%20Indeed,%20the%20Dot%20Plot%20is%20adjusted%20down%20significantly%20more%20dovishly%20than%20expected,%20narrowing%20the%20gap%20to%20the%20market>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-f0d9324b>

#### The Fed is finally giving up...

Fed holds rates steady but indicates three cuts coming in 2024. Indeed, the Dot Plot is adjusted down significantly more dovishly than expected, narrowing the gap to the market's expectation significantly... The US 10 year is down 20bp to 4%, the Dow surges by 300 points!

[#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics)

![The Fed is finally giving up...](https://blog.syzgroup.com/hubfs/1702510542016.jpg)

![The Fed is finally giving up...](https://blog.syzgroup.com/hubfs/1702510542016.jpg)

14 Dec 2023

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-58b09da0&text=⚠️BREAKING:>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-58b09da0&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1702511004566.jpg&title=⚠️BREAKING:&summary=*FED>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-58b09da0>

#### ⚠️BREAKING:

\*FED'S POWELL: IT IS NOT LIKELY WE WILL HIKE FURTHER \*POWELL: POLICYMAKERS ARE THINKING AND TALKING ABOUT WHEN IT WILL BE APPROPRIATE TO CUT RATES Source: www.investing.com

[#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics)

![⚠️BREAKING:](https://blog.syzgroup.com/hubfs/1702511004566.jpg)

![⚠️BREAKING:](https://blog.syzgroup.com/hubfs/1702511004566.jpg)

14 Dec 2023

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-7c48ae5f&text=The%20Fed%20just%20triggered%20the%20biggest%20stock-buying%20program%20since%20Nov%202022...>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-7c48ae5f&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1702510235974.jpg&title=The%20Fed%20just%20triggered%20the%20biggest%20stock-buying%20program%20since%20Nov%202022...&summary=Source:%20Bloomberg,%20www.zerohedge.com&source=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-7c48ae5f>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-7c48ae5f>

#### The Fed just triggered the biggest stock-buying program since Nov 2022...

Source: Bloomberg, www.zerohedge.com

[#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities)

![The Fed just triggered the biggest stock-buying program since Nov 2022...](https://blog.syzgroup.com/hubfs/1702510235974.jpg)

![The Fed just triggered the biggest stock-buying program since Nov 2022...](https://blog.syzgroup.com/hubfs/1702510235974.jpg)

13 Dec 2023

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-2ea864bf&text=Monetary%20policy%20is%20now%20easing%20globally%20-%20and%20will%20ease%20much%20more%20in%202024/25%20-%20at%20a%20time%20when%20fiscal%20deficits%20are%20far%20above%20the%20global%20financial%20crisis%20levels>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-2ea864bf&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1702448594219.jpg&title=Monetary%20policy%20is%20now%20easing%20globally%20-%20and%20will%20ease%20much%20more%20in%202024/25%20-%20at%20a%20time%20when%20fiscal%20deficits%20are%20far%20above%20the%20global%20financial%20crisis%20levels&summary=Source:%20BofA&source=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-2ea864bf>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-2ea864bf>

#### Monetary policy is now easing globally - and will ease much more in 2024/25 - at a time when fiscal deficits are far above the global financial crisis levels

Source: BofA

[#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics)

![Monetary policy is now easing globally - and will ease much more in 2024/25 - at a time when fiscal deficits are far above the global financial crisis levels](https://blog.syzgroup.com/hubfs/1702448594219.jpg)

![Monetary policy is now easing globally - and will ease much more in 2024/25 - at a time when fiscal deficits are far above the global financial crisis levels](https://blog.syzgroup.com/hubfs/1702448594219.jpg)

12 Dec 2023

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-7e52a48d&text=Too%20much,%20too%20fast?%20Markets%20is%20seeing%20the%20FED%20being%20the%20most%20aggressive%20in%20terms%20of%20rate%20cuts%20next%20year>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-7e52a48d&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1702332663072.jpg&title=Too%20much,%20too%20fast?%20Markets%20is%20seeing%20the%20FED%20being%20the%20most%20aggressive%20in%20terms%20of%20rate%20cuts%20next%20year&summary=Source:%20DB,%20TME&source=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-7e52a48d>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-7e52a48d>

#### Too much, too fast? Markets is seeing the FED being the most aggressive in terms of rate cuts next year

Source: DB, TME

[#Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks)

![Too much, too fast? Markets is seeing the FED being the most aggressive in terms of rate cuts next year](https://blog.syzgroup.com/hubfs/1702332663072.jpg)

![Too much, too fast? Markets is seeing the FED being the most aggressive in terms of rate cuts next year](https://blog.syzgroup.com/hubfs/1702332663072.jpg)

11 Dec 2023

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-4b06ca43&text=Gold%20rallying%20to%202k$%20despite%20investors%20selling%20gold%20is%20remarkable.%20Is%20it%20all%20driven%20by%20central%20banks%20demand>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-4b06ca43&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1702304787632.jpg&title=Gold%20rallying%20to%202k$%20despite%20investors%20selling%20gold%20is%20remarkable.%20Is%20it%20all%20driven%20by%20central%20banks%20demand?&summary=Source:%20Michel%20A.Arouet,%20Bloomberg&source=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-4b06ca43>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-4b06ca43>

#### Gold rallying to 2k$ despite investors selling gold is remarkable. Is it all driven by central banks demand?

Source: Michel A.Arouet, Bloomberg

[#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold)

![Gold rallying to 2k$ despite investors selling gold is remarkable. Is it all driven by central banks demand?](https://blog.syzgroup.com/hubfs/1702304787632.jpg)

![Gold rallying to 2k$ despite investors selling gold is remarkable. Is it all driven by central banks demand?](https://blog.syzgroup.com/hubfs/1702304787632.jpg)

11 Dec 2023

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-3dde31f0&text=Losses%20at%20the%20Fed%20have%20now%20passed%20$125%20billion>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-3dde31f0&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1702109342206.jpg&title=Losses%20at%20the%20Fed%20have%20now%20passed%20$125%20billion&summary=Source:%20Win%20Smart,%20CFA&source=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-3dde31f0>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/nestle-on-the-lower-end-of-the-channel-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-2-0-0-0-0-0-0-0-0-0-1-0-169-3dde31f0>

#### Losses at the Fed have now passed $125 billion

Source: Win Smart, CFA

[#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states)

![Losses at the Fed have now passed $125 billion](https://blog.syzgroup.com/hubfs/1702109342206.jpg)

![Losses at the Fed have now passed $125 billion](https://blog.syzgroup.com/hubfs/1702109342206.jpg)

❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/central-banks/page/65)

[64](https://blog.syzgroup.com/syz-the-moment/tag/central-banks/page/64) [65](https://blog.syzgroup.com/syz-the-moment/tag/central-banks/page/65) [66](https://blog.syzgroup.com/syz-the-moment/tag/central-banks/page/66) [67](https://blog.syzgroup.com/syz-the-moment/tag/central-banks/page/67) [68](https://blog.syzgroup.com/syz-the-moment/tag/central-banks/page/68)

[❯](https://blog.syzgroup.com/syz-the-moment/tag/central-banks/page/67) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/central-banks/page/74?hsLang=en)

## **Thinking** out loud

Sign up for our weekly email highlighting the most popular posts.

Follow us

## **Thinking** out loud

- <https://www.linkedin.com/company/syz-group>
- <https://twitter.com/SYZ_Group>
- <https://www.facebook.com/Syzgroup>
- <https://www.youtube.com/channel/UCqYkMqGRB-DaDaggM8fTW8g>

## **Investing** with intelligence

Our latest research, commentary and market outlooks

#### [Weekly Market Update](https://blog.syzgroup.com/fast-food-for-thoughts/tag/weekly-market-update?hsLang=en)

#### [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus?hsLang=en)

#### [Asset Allocation Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights?hsLang=en)

#### [Semi-annual Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/semi-annual-outlook?hsLang=en)

- [Contact](https://www.syzgroup.com/en/contact-us/form)
- [Terms & conditions](https://www.syzgroup.com/sites/default/files/document/2021-12/001-2_en-general_terms_and_conditions_w.pdf)
- [Data protection notice](https://www.syzgroup.com/en/data-protection-notice)
- [Cookies policy](https://www.syzgroup.com/en/legal-notices)
- [Syzgroup.com](https://www.syzgroup.com/)