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TAKING STOCK AFTER FED GLOW AND JAPAN/CHINA HOLD

  • NEWS Desk Global
  • Sep 20, 2024
  • 1 min read



A look at the day ahead in U.S. and global markets from Mike Dolan. After a roaring Thursday that saw Wall Street stocks lap up deep Federal Reserve easing into a still-healthy economy, there's a modest step back today and an eye on other central banks choosing to stand pat for now.

Going in different directions to each other policy-wise, central banks in Japan and China choose to hold the line on their interest rates on Friday - the latter slightly surprisingly given the alarming deceleration of its economy.

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