Jefferson: More data needed for better Fed rate decision
Fed Vice Chair Philip Jefferson said the central bank may take more time to decide on rates, emphasizing data-dependence. He noted inflation above target and…
Chinese PMIs and Australian CPI lead Asia's economic calendar on September 30.
Asian markets face a heavy data calendar on Wednesday, with Chinese economic indicators due before a week-long holiday starting Thursday, plus Australian inflation figures after the Reserve Bank's rate increase on Tuesday (RBA rate hike yesterday), among other releases.
Previews of the Chinese and Australian data will be published separately.
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Fed Vice Chair Philip Jefferson said the central bank may take more time to decide on rates, emphasizing data-dependence. He noted inflation above target and…
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The ISM Manufacturing PMI for September came in at 54.5, below the 55.0 consensus estimate but near the prior month's 54.6.