During the FED's meeting September 26, 2018, the interest rate hikes by 25 bps is almost certain, but the markets are already looking further into the future.
In addition, the Fed members Bullard and Kashkari appeared bearish for any further rate hikes this year due to the risk in the global environment, increasing the risk of recession unnecessarily.
The ECB will likely reduce net asset purchases from 30 bio to 15 bio at the end of September 2018 and end of December 2018.
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