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Federal Reserve: October hold likely, December hike expected - ABN AMRO

ABN AMRO’s Rogier Quaedvlieg expects the Federal Reserve (Fed) to keep rates unchanged at 3.75–4.00% this week, despite recent upside inflation surprises. He argues that declining inflation breadth and a cooling US labour market give policymakers time to wait.

Federal Reserve: October hold likely, December hike expected - ABN AMRO

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Why Enphase Energy Stock Crashed on Wednesday

Enphase results bode poorly for solar stocks.

  • Enphase Energy stock drops 15.5% after earnings miss
  • Earnings per share at $0.41, below expected $0.51
  • Soft residential solar demand in U.S. cited as cause

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