World Markets Live - September 27 - CNBC Live Events
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CNBC Live Events

World Markets Live - September 27

We’ll be updating you throughout the day with essential breaking news, data alerts, earnings reports and all the major market movements.

  • Federal Reserve Chair Janet Yellen says the central bank may have been wrong on employment and inflation.
     
    In a speech in Cleveland, Yellen explained that the misreading could lead to easier policy than expected in the unwinding of its balance sheet. However, she maintained that the central bank should stick to its rate path. The hawkish stance pushed the dollar index to an almost 1-month high.
     
     
    Meanwhile, President Trump is reportedly backing framework for tax reform that the so-called Big Six group of senators is set to unveil today. Trump's full support is seen as crucial for the plan, which Wilbur Ross said could deliver a big boost to the US economy.
     
    These factos have helped European markets rise at the start of Wendesday's session.
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