Bank of Japan may signal a rate hike in December, sources say, as officials weigh tighter policy to curb inflation. Markets monitor BOJ communications for forward guidance and timing of any shift.
Bank of America says recent Fedspeak confirms the Fed intends to continue rate cuts after the 25 bp move to 4.25%-4.50%, pointing to a data‑dependent, gradual easing path as inflation cools.
Gold defies expectations, climbing steadily despite a September rate cut as investors seek safe haven amid market volatility; tightening supply and sustained demand bolster prices, challenging traditional rate-price dynamics.