earleir i spoke to calvin wong of avanda and he gave me his take on how he thinks the federal will move this week. pretty much unchanged so this will be the first pause and its current interest rate outside look so pretty much unchanged at 5%-5.25% so pretty much unchanged at 5% 5.25% so the reason being over here is that i do not believe poor poor outwage. it will hike interest rate in line with us treasury which are in the process of issuing a massive amount of issuing a massive amount of t bills to fill up its cash cradits. china has a bunch of data coming out, what will you be focused on? this coming thursday we will look at a slew of chinese data industrial production, retail sales as well as housing, price index data. if you look at the last two weeks, and if this data is weaker than expected china policymakers may start to tilt toward inaudible do not forget this thursday we have the announcement about key interest ratre policies. it has been unchanged since august l
as the central bank meets. us. and we look at how a shock merger of the world s top golf leagues could impact the business of the sport. hello and welcome to asia business report, i m monica millar and we began a brand new week and it looks like it is going to be a busy one for central banks from the united states, europe and japan. on wednesday, the us federal reserve will wrap up its two day meeting to decide on the cost of borrowing in the world s largest economy. expectations are high that the fed will hit the pause button this week after it raised interest rates ten times this year. on thursday policymakers from the european central bank are expected to meet and they have a delicate balance of taming inflation while trying to avoid the risk of falling into a recession. and rounding off the week, bank ofjapan will in session to debate on its monetary policy moves.