Investors Anticipate Risk-On Signals in Tomorrow's Fed Meeting: Are They Wrong?
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📚 Daily Digest | Tuesday, Mar 21, 2023 | |  | | Fed meeting starts, Nike earnings, Xi in Moscow - what's moving markets | |  | © Reuters. | The Federal Reserve starts a two-day meeting at which it will have to decide whether financial stability risks trump inflation risks. Bank stocks recover in Europe and the U.S. as the shock of Credit Suisse's abrupt demise recedes. Stocks more broadly are set to open higher on relief about the banking sector. Nike reports earnings after the close, and in Moscow, the Russian government is likely to press Xi Jinping with its war effort, while also paying lip service to his peace plan. | | |  | | | | | | | What Will Fed Chairman Powell Do This Week? | |  | | | | | | |
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