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The Weekly Bottom Line: A Hawkish Pivot

Started by PocketOption, Nov 06, 2022, 08:51 am

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PocketOption

Nov 06, 2022, 08:51 am
The Weekly Bottom Line: A Hawkish Pivot

U.S. Highlights The Fed increased the monetary policy rate by 75 basis points to a range of 3.75-4%, opened the door to a slower pace of tightening, while also setting expectations for a higher terminal rate. The ISM purchasing mangers' indexes weakened in October, suggesting that demand is softening. The economy added 261k new jobs, […]


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