Benign Inflation Today Keeps Fed Rate Hike At Bay: Economists Expect Powell To Hold Steady After Latest Data, Markets Find Relief - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), SPDR S&P 500 (ARCA:SPY)
U.S. stocks were rebounding Friday following the release of personal consumption expenditures inflation data for September, and economists are leaning toward a Fed hold next week.
Source: benzinga.com