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Published on Thursday, September 27, 2018

Market Comment | Fed's rate hike overshadowed by EU political concerns

  As we expected, the FOMC raised its benchmark rate by 25 bps for the third time this year. It is no surprise that there was little change in the statement, given the stable economic and financial conditions prevailing since the last meeting. (see BBVA research report) Markets reacted little to the widely anticipated increase, […]

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