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XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share

XAI Octagon Floating Rate & Alternative Income Trust 1 has declared its regular monthly distribution of $0.085 per share on the Trustโ€™s common shares , payable on March 1, 2024, to common...
United States City Of United Kingdom Foreside Fund Services Axa Investments Octagon Floating Rate Alternative Income Trust The

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PCE inflation rate stays high in September

An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Friday’s report from the Commerce Department showed that prices rose 0.4% from August to September, the same as the previous month. Spread across the economy, the strength of that spending is itself helping to fuel inflation.
United States Jerome Powell Federal Reserve Commerce Department Chair Jerome Powell Consumer Spending
Source: yahoo.com

German industrial output falls slightly more than expected in August

BERLIN (Reuters) -German industrial output shrank in August for the fourth consecutive month, the federal statistics office said on Monday, an indication that the sector remains under serious pressure, stoking recession fears. Industrial production fell slightly more than expected in August by 0.2% compared to the previous month. The further drop in German industrial production in August was better than it looked as it was driven by volatile components, said Franziska Palmas, senior Europe eco...
Ozan Ergenay Friederike Heine Maria Martinez Industrial Production Industrial Output Franziska Palmas
Source: yahoo.com

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