ICYMI – CEO of Barclays says near the end of the FOMC hiking cycle

<p>Barclays is beginning its cycle of slashing jobs, Chief Executive Officer C.S. Venkatakrishnan was probably relieved to be speaking about something else. Headline comments from Monday ICYMI:</p><ul><li>
'We are near the end' of the Fed's monetary actions</li><li>Underlying economic
trends in the US are healing</li></ul>

<p>And, on the UK:</p>

<ul><li>UK economy is 'some
months behind' the US</li></ul><p>—</p><p>ps. We'll get some substantial info out of the UK on Tuesday, jobs data for July:</p><figure data-media-><img src="https://images.forexlive.com/images/uk%20jobs%20data%2012%20September%202023_id_1d21fa51-f4bc-425b-b70f-391b979dabb3_size900.jpg" alt="uk jobs data 12 September 2023" width="1139" height="232" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/uk%20jobs%20data%2012%20September%202023_id_1d21fa51-f4bc-425b-b70f-391b979dabb3_size900.jpg" /></figure>

This article was written by Eamonn Sheridan at www.forexlive.com.