Business Maverick: Finance Chiefs Head to IMF Amid Slowdown Concerns

Federal Reserve Chair Jerome Powell is not scheduled to appear in public this week, meaning investors will have to wait for any signs from the very top of the central banks as to whether it’s will cut interest rates this month for a third time this year. Several regional Fed presidents will though take to the microphone. Atlanta’s Raphael Bostic, Kansas City’s Esther George, James Bullard of St. Louis and Mary Daly of San Francisco all talk Tuesday.

The Fed’s Beige Book comes out on Wednesday giving a snapshot of economic conditions across the nation. That is published hours after retail sales data for September with economists predicting another month of modest growth. Industrial production may have contracted the same month, underscoring recession fears, a report is forecast to show on Thursday.

Israel’s inflation on Tuesday is likely to stay below the central bank’s target range of 1% to 3%, showing why a rate cut to near zero is in the cards. A financial crisis may be looming in Lebanon as pressure on the currency peg mounts and investors increasingly ask how long the government can continue to repay its debts. In Ghana, September inflation data will be out on Wednesday.Argentina’s government will start publishing a final round of key economic indicators before the Oct.

A raft of data out of China will likely show an economy that’s hurting: GDP growth probably slowed further in the third quarter, exports continued to contract and producer prices are deflating again. In Hong Kong, Chief Executive Carrie Lam will set out her economic policy objectives in a key speech, coming against the backdrop of a worsening political crisis and deepening economic slump.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business Maverick: WeWork Is Said to Weigh Bailout That Hands Control to SoftBankWeWork is considering a bailout that will hand control of the co-working giant to SoftBank Group Corp., according to a person familiar with the matter, one of two main options to rescue the once high-flying startup.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Business Maverick: Lamborghini Review Marks Step in VW’s March Toward $220 BillionVolkswagen AG’s plan to review options for its Lamborghini supercar division marks a further step in Chief Executive Officer Herbert Diess’s campaign to transform the world’s biggest automaker and more than double its market value.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

BUSINESS MAVERICK: Iqbal Survé’s Sekunjalo to sue the regulator, while the pot gets hotterSouth Africa’s financial regulator poked a bear last week when it raided the offices of Sekunjalo Investment Holdings and its subsidiary African Equity Empowerment Investments (AEEI). Perhaps the bear has something to fear. sashaplanting IqbalSurve is my Hero, unsettling the status quo in the white dominated media space, these foreign white owned media houses have been fixing narratives for far too long in SA, I wish he could just open a 24hr news channel MediaCommOfEnquiry now
La source: dailymaverick - 🏆 3. / 84 Lire la suite »