The latest news from The City at 8am, plus a US business update landing at 4pm
Investors and economists bet on Fed hold
“The market is fed up with the Fed’s continuous delays, and I expect nothing but more disappointment today,” Nour Al-Hammoury, chief market strategist at ADS Securities, told the Financial Times. Equities markets are subdued ahead of the meeting, but traders and economists are betting the Fed will hold rates, which would likely …read more
Source: The Week
