The Federal Reserve and the European Central Bank will release meeting minutes, reducing expectations of interest rate hikes

The Federal Reserve and the European Central Bank will release meeting minutes next week, as the sense of urgency to raise interest rates has weakened due to the impact of US non farm payroll data and fluctuations in the French financial market. The minutes of the Federal Reserve's September meeting are expected to reflect policymakers' concerns about inflation, but recent non farm payroll data and PCE revisions have shown that labor market and inflation pressures are lower than expected, and economists believe that the threshold for a rate hike in October is high. (Source: Golden Ten Data)