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Published on Friday, September 18, 2015

Market Comment | Global markets react negatively to FOMC’s dovish message

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, […]