CNBC’s Investment Committee debate how important the next few days are for the rally as Mega Cap earnings, the Fed Decision and a potential government shutdown hang over stocks.
Australia’s big four banks are now unanimously tipping a rate hike for Tuesday next week after inflation soared even further above the Reserve Bank’s target band.
An underlying inflation figure higher than the RBA's forecast could force it to hike rates, but there's a case for waiting to see how spending data plays out.
Top economist Shane Oliver has warned populist politics is likely to backfire through higher inflation and worsening inequality as governments across the developed world become increasingly interventionist.