Musalem: The economy will continue to grow at a pace above the trend level.
ChainCatcher News, according to Golden Ten Data, Federal Reserve's Musalem expects that, driven by credit conditions and fiscal policy, the economy will continue to grow at a pace above trend.
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Confidence among major Japanese manufacturers hits an eight-year high, fueling expectations for Bank of Japan interest rate hikes.
According to the quarterly Tankan survey released by the Bank of Japan on Thursday, the business sentiment index for large manufacturers rose from 22 to 24 in September, marking the sixth consecutive quarter of improvement and reaching the highest level in more than eight years.
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