World Market News of the 18 March with FXOpen #fedmeeting #fedrate #boj
European Stocks Set to Open Slightly Higher as Markets Look ahead to Fed Meeting
European markets are heading for a lackluster start to the new trading week, with global investors looking ahead to the next monetary policy meeting of the US Federal Reserve.
The Fed will start its Federal Open Market Committee meeting on Tuesday with a police decision due the next day. A Reuters poll of economists is expecting the Fed to hold its benchmark interest rates steady at % to 5.5%.
Source: CNBC
Goldman Sachs Now Expects the Bank of Japan to Hike Rates Tuesday
Goldman’s Japan economist Tomohiro Ota cited stronger-than-expected salary gains at the annual “shunto” wages negotiations and subsequent Japanese news reports of an exit from negative rates at the BOJ’s March meeting that ends Tuesday.
While a slim majority of economists are still expecting the central bank to raise rate in April, an increasing number of economists have moved their forecasts forward to March in the last two we
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