Market Comment | Markets digest higher prospects of rate hike ahead of Trump’s tax plan
Published on Wednesday, September 27, 2017 | Updated on Thursday, September 28, 2017
Market Comment | Markets digest higher prospects of rate hike ahead of Trump’s tax plan
Summary
US markets drove global markets today. On the one hand, Janet Yellen showed a hawkish tone in her speech yesterday (see). On the other hand, rekindled expectations of Trump tax cuts, details of which were to be released later today by the US president (see) were also a key driver today. Nonetheless, legislative approval will […]
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