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The US has been reeling under decades-high inflation caused by a combination of factors. The inflation number for September came in at 8.2 per cent, over four times the target set by the Fed.
On the economic front, market participants will closely watch the fiscal deficit data and infrastructure output on October 31, S&P Global Manufacturing PMI and Balance of Trade (preliminary) on November 1, and S&P Global Services & Composite PMI on November 3.
The European common currency rose as high as $1.0048, the highest since Sept. 20, and was last up 0.5% at $1.100215.
Property values and interest rates as well as an overall look at the Arlington real estate market is discussed in Ask Eli.
Neil: all right. in the meantime, nile, i'm just going to put you down as a maybe on president biden. but, sarah, leapt me get your thoughts on the issues roiling voters right now. and, of course, there's this idea of the high prices and, apparently, even with all these fed rate increases they're still high and getting higher, and that frustration growing. how palpable is that as manager that adds momentum -- as something that adds momentum 17 days before the election? >> i mean, look at how quickly and dramatically the polls have shifted in the past few weeks as we head into election day. i t...