In today’s briefing:
- Lucror Analytics – Morning Views Asia
Lucror Analytics – Morning Views Asia
- In today’s Morning Views publication we comment on developments of the following high yield issuers: Wynn Macau
- In the US, the FOMC has unanimously voted to maintain the Fed funds target rate at 4.25-4.50%, in line with market expectations. In its statement, the FOMC noted that “uncertainty about the economic outlook has increased further”, adding that “risks of higher unemployment and higher inflation have risen”.
- Still, officials noted that although swings in net exports have affected the data, recent indicators suggest that economic activity has continued expanding at a solid pace and labour market conditions have remained strong. Meanwhile, inflation is “somewhat elevated”.
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