As we wait on the US Fed later today here’s what Nomura have to say 2 Nov
Courtesy of our friends at
efxnews.com
Say Nomura:
The case and rhetoric for a rate increase this year
continues to grow, but given that the election (which will be held the
week after the November meeting) has the potential to move markets and
the economic outlook, we think the FOMC will wait until the December
meeting to raise rates.