In his speech today, Chicago Fed President Evans said that there will be a difficult interest rate environment for a while, the Unemployment Rate 4.5% is a very good result, the real interest rate may be 1.4% next spring, and the year-end consensus on the interest rate is between 4.25% and 4.50%. He said he was among them.

In a statement, Fed Chairman Powell said that monetary policy normalization has revealed important structural problems in the decentralized financial system, that decentralized finance should have appropriate regulations and that there should be the same risk and regulation for crypto assets.

In the US, Durable Goods Orders, which we tracked for August, decreased by 0.2%, while Core Durable Goods Orders increased by 0.2%. Data were expected to come in -0.4% and 0.2%, respectively. Durable Goods Orders decreased by 0.2% in July.

In his speech on the interest rate hike process, European Central Bank (ECB) Member De Guindos said that they will continue to increase interest rates in the coming months, the number and size of rate hikes will be determined by data, and high interest rates will have a clear impact on companies’ solvency.

US Conference Board (CB) Consumer Confidence rose to 108.0 in September, above expectations. The market expectation was for an increase from 103.2 to 104.5. New Housing sales, on the other hand, were 658 thousand in August, exceeding the expectations of 500 thousand.