Description
Global equities rose 0.6%, as the Federal Reserve began its two day meeting, with the decision coming at 10 p.m. UAE Time tonight. Markets price less than a 10% chance of a hike, but see a December move as likely after September, consumer prices rose at the fastest pace in 5 months, and with Chair Warsh giving no guidance, the press conference carries the weight.
Disclaimer: The views shared in this podcast are for general information and educational purposes only and do not constitute financial, investment, legal or tax advice. The views and opinions expressed are those of the speakers and do not necessarily reflect the views of Emirates NBD Bank PJSC. Nothing in this podcast constitutes an offer, solicitation or recommendation to buy or sell any financial product. Listeners should seek independent advice from a qualified professional before making any financial decisions. Emirates NBD Bank PJSC accepts no liability for any loss arising from reliance on the content discussed.
https://open.spotify.com/episode/6U1s41iBEEzO5bLUN2JNb8?si=pG13QRuzTxim2sipSeREsw