Global market report - October 24

It's a big day for US earnings with Microsoft, Visa and Boeing reporting, while Canada's central bank is expected to raise interest rates

James Gard 24 October, 2018 | 6:00PM

North America

While the Federal Reserve does not meet this month, the institution and specifically its chairman Jerome Powell was under fire again from the President. The Fed has two more opportunities this year to make it to four rate hikes in 2018, with December the most likely meeting to implement this.

Speaking of central banks, Canada is expected to raise interest rates to 1.75% today.

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James Gard

James Gard  James Gard is subeditor for Morningstar.co.uk.

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