Week InAdvance: October 10, 2022
Mon Oct 10 US bond market closed in observance of Columbus Day/Indigenous People's Day. The stock market will be open. Canadian financial markets closed in observance of Thanksgiving. | Tue Oct 11 Japan opens visa-free travel to vaccinated tourists. | Wed Oct 12 G20 finmins in DC. FOMC minutes for September meeting. | Thu Oct 13 G20 finmins, central bankers meet. September CPI inflation rate figures. | Sun Oct 16 Chinese Communist party begins its five-yearly congress.
All eyes are on US inflation data for September after a hotter-than-expected reading in August tempered hopes of a nascent slowdown that might signal an end to rate hikes some time in the new year.
Minutes from the Federal Reserve's September rate-setting meeting will give clues into the central bank's tolerance for economic pain after policy makers delivered a third straight 75 basis-point hike and signaled they'll continue to tighten monetary conditions for now.
The International Monetary Fund releases its latest World Economic Outlook as the lender and the World Bank hold annual meetings in Washington. In July, the IMF cut its global growth forecast for this year and next, warning that the world economy may soon be on the cusp of an outright recession.
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