👀 Markets: Steady or Still Uncertain?

QCP analysts warn that it’s premature to claim market stability, as definitive statements from the U.S. Federal Reserve and the Bank of Japan are yet to be made.

🤔 They deem a drastic reduction in the US interest rate improbable, as it would exacerbate panic and erode trust in the Fed.

Insights from the Bank of Japan's Deputy Governor are expected on Wednesday, while the Fed's position is likely to be revealed at the conference from August 22–24.

🗣 The Financial Times reports that some Fed officials have already stated that the US economy is not in recession.

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