HIGHLIGHTS
November 3 2022
Global Markets
As widely expected, the FOMC delivered yesterday a fourth consecutive 75bps rate hike. The post-meeting statement opened the door to a potential downshift in the pace of future rate hikes, but as the Fed Chair suggested in the subsequent press conference, the “ultimate level of interest rates will be higher than previously expected”.
Greece
ELSTAT is scheduled to announce today the monthly labour force survey for September 2022. This announcement will provide the complete series for Q3 2022, revealing the contribution of employment, in terms of number of people, to real GDP growth in Q3 2022 scheduled to be released on December 7th 2022.
CESEE
The discussions between the Serbian government and the IMF which began in mid-September over the provision of financial assistance, in the form of a so-called stand-by arrangement (SBA), bore fruits yesterday, resulting to the approval of a 24-month SBA of SDR 1.9bn, equivalent to EUR2.4bn.
Viewers can log here below an dread the full report:
Find out more about our Economic Research and search for reports that may interest you.
