Three Big Central Bank Decisions: What To Expect
The Fed will stay on hold this week. In a world plagued by terrifying uncertainty, that much is clear.
Or so markets were led to believe this month. Suffice to say it'd be an epic surprise if the Fed pulled the trigger on another rate hike at the November gathering.
By now, the September dot plot is stale. That's not to say a December hike is out of the question, it's just that Fedspeak in October overwhelmingly suggested the Committee has decided that, for now, the reals-led run up in long-en