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US politicians passed temporary funding legislation and avoided a shutdown. Inflation in the US and Europe continues to decline

US politicians passed temporary funding legislation and avoided a shutdown. Inflation in the US and Europe continues to decline
By JustMarkets At Friday’s close, the Dow Jones Index (US30) decreased by 0.47% (-1.18% for the week), while the S&P 500 Index (US500) lost 0.27% (-0.52% for the week). The NASDAQ Technology Index (US100) closed positive by 0.14% (+0.36% for the week) on Friday. The PCE core deflator for August, the Fed’s preferred measure of inflation, fell from 4.3% to 3.9% y/y, the lowest reading […]... Read More
Posted: Oct 2 2023, 13:16
Author Name: investmacro
Views: 092026

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