After IMF and ECB, next up is the Fed

OFFICIAL policymakers played a big part in last week's action: the International Monetary Fund (IMF) with its inclusion of China's yuan as a reserve currency and the European Central Bank (ECB) when it disappointed markets with a smaller-than-expected monetary stimulus package on Thursday.

The next big market-moving policy event is the US Federal Open Markets Committee (FOMC) meeting over Dec 15-16, arguably the most anticipated meeting of the year.

Some might describe it as "eagerly" anticipated,...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to