Global markets drop ahead of tomorrow’s decision on interest rates by the US central bank.
Tag Archives: united states economy
The US Fiscal Showdown – interest rate lift-off, or will the Fed keep markets guessing again? | CMC Markets UK
With concerns over the global economic outlook intensified by another Chinese rate cut, all eyes are on the FOMC meeting this week, where investors will be looking to see if the Fed give any clear indication of when a rate rise is likely, or whether they’re poised to keep the markets guessing…Within this report Colin discusses:• What to expect from the October meeting• The last FOMC meeting and how markets reacted• How the Fed itself has reacted since the last meeting