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The Weekly Bottom Line: The Economy Holds on as Rate Hikes Start to Bite

U.S. Highlights Employment rose by 0.2% month-on-month (m/m) for the fourth consecutive month in November, surpassing expectations for a moderate slowdown in job growth. Core PCE inflation for October eased slightly to 5% year-on-year (y/y), but was supported by strong spending growth and a drop in the consumer savings rate to a 17-year low. FOMC […] The post The Weekly Bottom Line: The Economy Holds on as Rate Hikes Start to Bite appeared first on Action Forex... Read More

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Content Topics

Weekly

Bottom

Line

Economy

Holds

Rate

Hikes

Start

Bite

Forex

Posted: Dec 3 2022, 04:03

Author Name: actionforex

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