
OECD lowers growth forecasts, Fed & BoJ decisions in focus | MarketTalk: What’s up today? | Swissquote
US equities recovered for the second session on Monday, after a 10% selloff brought the S&P500 to the limit of the correction zone last Thursday. But optimism looks vulnerable as the OECD lowered its growth forecasts on Monday, pointing at tariffs, the global trade restrictions and uncertainties as the main cause of slower global growth, and warned of higher inflation.
The Federal Reserve (Fed) begins its two-day policy meeting today with soft but not collapsing employment and sales data, softer-than-expected but still near 3% inflation, and a high level of uncertainty and tariff-led volatility in its hands. The Fed is...