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Smart Look At The Week Ahead: The Fed & Top Glove
By The Smart Investor  •  September 12, 2020
The September interest-rate decision by US Federal Reserve will take centre stage next week. The central bank has said that it will keep interest rates lower for years to support recovery from the coronavirus crisis and recession. But the question is how low is going to be low enough. At 0.25%, the Fed has little room to move on the interest rate front. But it could use the cover of the recovering US jobs market and a rebound in retail sales to explain why it does not need to do anymore. The year-on-year retail sales number could show a third month of improvement. Staying with shopkeepers, China could say that retail sales grew slightly compared to a year ago. It would be the first year-on-year increase in eight months. Meanwhile, China’s unemployment rate could have moderated from 5.7% to 5.6%. The Bank of Japan will announce its latest interest-rate decision. It is expected to...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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