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The Commerce Department on Friday released its monthly report on personal income and spending, which includes readings on inflation said to be preferred by the Federal Reserve.
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.
Global shares were mixed on Friday, with technology giants outperforming, while benchmark Treasury yields and the dollar saw little change as data confirmed U.S. inflation remained high, but in line...
The Commerce Department on Friday released its monthly report on personal income and spending, which includes readings on inflation said to be preferred by the Federal Reserve.
Following the significant rebound seen in the previous session, treasuries turned in a relatively lackluster performance during trading on Friday. Bond prices fluctuated over the course of the session before ending the day roughly flat.