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Daily Markets News - 28 September
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2
min read
Fed funds rate will peak 4.5-4.75 percent in Q1 suggest latest polls. This is up 3.75-4.00 percent from the previous poll and shows that risks are skewed to higher terminal rates than current forecasts
Moody's has stated that unfunded UK tax cuts would be negative for the country's credit rating, strengthening the sell-off in gilts.
Apple is reportedly dropping plans to increase production of its new iPhones this year after the expected surge in demand has failed to occur.
German economy minister has stated that the "leaks" from the Nord Stream 1 pipeline were the result of targeted attacks on the infrastructure and they were sure they were not caused by natural occurrences or material fatigue.