Week Ahead: Digesting Implications Of The FOMC, EMU And Tokyo August CPI, And China's PMI
September 23, 2023 at 14:39 PM EDT
The main outcome of last week's flurry of central bank meetings was the median forecast of Fed officials, which called for 50 bp less in cuts next year than it had anticipated in June. The prospect of higher rates for longer pushed equities lower.