Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International, said that given the reflationary scope of fiscal stimulus next year, the Fed's end point interest rate may bottom out at a level above the price. In fact, if the impact of reflation and tariff-driven inflation return, interest rate hikes may have to be put on the agenda. The Fed cut interest rates by 25 basis points as expected and adjusted its language to be more cautious about the future path of moneta...
On October 7th, local time on the 6th, the Saudi Royal Court issued a statement saying that at the advice of the Royal Clinic, King Salman was admitted to the hospital for medical examination due to lung inflammation on the evening of the 6th.