On Wednesday the US Federal Reserve FOMC meeting will announce its decision on rates. There are hopes that the Fed might start slowing the pace of increases after this meeting and Chairman Powell’s statement at the press conference will be closely examined for such clues.
On Thursday, the Bank of England will also be making a decision on interest rates. The market has been pricing in a 0.75% hike, although some analysts have begun forecasting a lower increase of 0.5%.
This Friday will see the release of the US October Jobs Report – a potential market mover.
Full report:
https://realmim.com/an-important-week-coming-up-with-three-big-events/
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