Recent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation
IDF airstrike in Gaza's northern region targets and eliminates top Hamas commander, Ibrahim Biari, leading to significant casualties and infrastructure damage.
The Fed is unlikely to issue another interest rate hike before the end of 2023, in the view of the vast majority of market participants, but Bank of America has a different expectation.
Investors are widely expecting the Fed to leave interest rates unchanged Wednesday and are instead focusing on the Treasury bond supply, a Wells Fargo strategist says.
The United Nations Security Council is convening Monday to discuss Israel's ground invasion of Gaza, while the World Bank is projecting a substantial increase in oil prices as a result of the conflict.