Week Ahead: US CPI, China Returns, RBNZ to Cut 50 bp (?)
Marc Chandler
October 05, 2024
There were several developments last week that shape the investment climate. First, the September US employment report was stronger than expected and this reinforces the message from Fed Chair Powell. After initiating the easing cycle with 50 bp cut, the central bank is not in a rush and two quarter-point cuts in Q4 is most likely scenario. Once a…
Week Ahead: US CPI, China Returns, RBNZ to Cut 50 bp (?)
Reviewed by Marc Chandler
on
October 05, 2024
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