In the past two weeks, investors and economists' expectations for Western Canada have declined due to the collapse of three regional airlines in the United States and the crisis caused by Credit Suisse.
Before the banking turmoil erupted, the Fed was expected to continue and possibly ramp up its year-long campaign to raise interest rates and curb rising prices.
The Fed's interest rate decision will be announced at 2:00 a.m. Beijing time on Thursday, followed by Powell's press conference at 2:30 a.m. The outcome of this interest rate discussion is full of suspense. The market is no longer certain that the Federal Reserve will raise interest rates significantly. Uncertainty still exists about whether to raise interest rates by 25 BP or not. Pay attention to this year’s first economic forecast report, which may provide key guidance. Be wary of drastic market fluctuations
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