Sherif-Alex
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The week ahead is busy. Three G7 central banks meet, the Federal Reserve, the Bank of Japan, and the Bank of England. In addition, Japan and Canada report their latest CPI readings, and the flash September PMI are released. There are three elements of the Fed's meeting that are worth previewing. First is the interest rate decision itself and the accompanying statement. Ironically, this seems to be the most straightforward. Even before the August CPI surprise, the Fed funds futures market was confident of another, the third, 75 bp increase. The labor market's strength gives the Fed confidence that the economy can ... (full story)