Asia-Pacific markets set to trade mixed ahead of Fed rate decision

Financial

Ed Yardeni says he sees another 75-basis-point Fed hike in DecemberFederal Reserve Chairman Jerome Powell could indicate another 75-basis-point hike is coming in December after an expected increase in November, Ed Yardeni of Yardeni Research said.After the predicted hike in December, Powell may hint that “the Fed funds rate is in restrictive territory now, and…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Swedish forest industry hits export record in 2022
Harvest accuracy and AI
The Construction Activity Arising from Canadian Resource Development & Exports – constructconnect.com
Tigercat introduces new niche skidder
When wood is good: Utah’s first mass-timber office building rises in Draper