Brandywine Global’s Siena Sheldon says with key jobs and inflation data delayed, policymakers are proceeding carefully as they weigh their next move
Brandywine Global’s Siena Sheldon says with key jobs and inflation data delayed, policymakers are proceeding carefully as they weigh their next move
Operating environment to remain solid, amid ongoing macro risks
Unemployment rate rose to 4.4% as more people entered the labour market
Flat global GDP growth underpins sovereign outlook, but risks abound
But it was a bit higher than what many economists forecast for the month
Stable economic growth seen boosting bank profits, asset quality
Lack of economic data may prompt Fed to skip December rate cut
They argued that inflation remains stubbornly elevated, economy is resilient
The central bank's next rate decision is set for Dec. 10