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Week Ahead: A Most Consequential Week
The week ahead could be one of the most consequential weeks here in Q4. Four G10 central banks meet, and two, the Federal Reserve and the Bank of Canada, the market is confident will cut policy rates. The market is also confident that the other two central banks, the European Central Bank and the Bank of Japan, will stand pat. On October 30, the day after the Federal Reserve's announcement, which also may detail the end of its balance sheet unwind efforts (QT), President Trump and President Xi meet in South Korea on the sideline of the APEC meeting. It is difficult to envision China surrendering control of its ... (full story)
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