This week will deliver a make-or-break moment for Fed rate hike expectations. The main event will be the September inflation report. Expectations are for both headline and core inflation to post 0.3% month-over-month gains in September, while headline year-over-year inflation will drop a tick to 3.6% and core’s annual reading will ease from 4.3% to 4.1%. In September, gas prices were relatively stable, car prices rose, and some core services were sticky.
US This week will deliver a make-or-break moment for Fed rate hike expectations. The main event will be the September inflation report. Expectations are
Consumer spending has been holding up the economy.Over the summer, it seemed the US economy could defeat inflation without a crash.Even as interest rates skyrocketed
Susan Collins, president of the Federal Reserve Bank of Boston, speaks during the National Association of Business Economics (NABE) economic policy conference…
Charles Evans, President of the Federal Reserve Bank of Chicago, speaks at the National Association of Business Economics (NABE) Annual Meeting in Arlington,
There's a lot of talk about bringing manufacturing back to the U.S. as new factories spring up across the country. But the old ones aren't doing so great.
New Factories Are Coming to the US, Even as Existing Ones Struggle bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
There's a lot of talk about bringing manufacturing back to the U.S. as new factories spring up across the country. But the old ones aren't doing so great.
U.S. manufacturing activity contracted for a...