Here’s What to Expect from Today’s Federal Reserve Policy Decision. 11/02/22
The countdown to today’s Federal Reserve policy decision is on, as investors price in a more than 85% chance the Fed raises the benchmark rate by 75 basis points for the fourth time in a row. TD Securities’ Priya Misra and NatWest Markets’ Michelle Girard break down what to expect. Plus, according to reports out this morning, Credit Suisse is garnering the attention of one controversial shareholder who would like to boost their stake in the bank. Financial Times’ Owen Walker gives the latest. And, China tech stocks are popping on unconfirmed news that the country will start easing COVID-19 restrictions. Clockwork Group’s Marko Papic discusses if this rally has any staying power.
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