Latest Inflation Data Cements Fed's Interest Rate Call, S&P 500 Hits All-Time High, Biden Adviser Backs China EV Ban At Detroit Economic Club: This Week In The Markets - Alibaba Gr Hldgs (NYSE:BABA), Meta Platforms (NASDAQ:META) - Benzinga

Inflation data supports another 0.5% interest rate cut in November, says RSM US LLP Chief Economist Joseph Brusuelas. S&P 500 hits all-time high. Brainard supports China EV ban. Meta Platforms unveils new VR headset and AI updates. China's stimulus t

By: Benzinga

Sep 29 2024
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The Federal Reserve's preferred measure of inflation, the personal consumption expenditures index, grew less than economists expected in August at 2.2% year-over-year. The data comes on the heels of … [+3023 chars]

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