Market Comment | Global markets react negatively to FOMC’s dovish message
Published on Friday, September 18, 2015
Market Comment | Global markets react negatively to FOMC’s dovish message
Summary
US leading indicator rose less than expected in August (by 0.1% MoM; consensus: 0.2%) Dovish Views Dominate as FOMC Holds Back on Rate Hike. The statement noted that “recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term.” Clearly, […]
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BBVA Research
BBVA Research