To The Moon

Financial markets, mostly traded within narrow ranges as investors await the results of major central bank decisions this week. The US monetary authority is widely tipped to hold interest rates on Wednesday, and focus will be on policymaker predictions for where borrowing costs might be further over the horizon. Investors and economists will keep their eyes trained on the policymakers' economic projections that are released at the same time. In addition, they'll be listening for any hints about the likely path at following Fed meetings, especially the last one of the year on Dec. 12-13. Nearly all Fed officials have been repeating Fed Chair Jerome Powell's mantra of "higher for longer," but the summary of economic projections ("SEP") will offer a view of how high the central bank may go an