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The Weekly Bottom Line: Fed’s Preferred Inflation Gauge Remains Hot

Started by PocketOption, Oct 30, 2022, 07:47 am

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PocketOption

The Weekly Bottom Line: Fed's Preferred Inflation Gauge Remains Hot

U.S. Highlights The U.S. economy left behind the declines recorded in the first half of 2022, with GDP growth accelerating to 2.6% (ann.) in the third quarter. The headline was flattered by an outsized contribution from net exports, whereas private domestic drivers remained soft. The weakest area of the third quarter GDP report was residential […]


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