A December rate hike is coming into focus

In this week’s market update:

• October’s meeting of the Federal Reserve seems to strongly support Russell Investments’ view of a December interest rate increase.
• Despite no action by the Bank of Japan this week, why we believe the possibility of more quantitative easing is still on the table for Japanese policymakers.
• It was a risk-on month for equity investors in October. We share our views on the weeks ahead, as well as what the U.S. Congressional budget deal may mean for investors.

On this week’s Market Week in Review video, Investment Strategist Paul Eitelman recaps the week’s most important market news, including the U.S. Federal Reserve Open Market Committee’s October meeting and why Eitelman believes it further solidifies Russell Investments’ views on a likely December rate hike.

Mark Soupiset hosts this week’s market update, which also analyzes the Bank of Japan’s inaction regarding quantitative easing, the U.S. budget deal, and what a risk-on month for equity investors in October could mean for investors moving forward.