💨 Abstract

Global stocks slipped, while U.S. Treasury yields dropped slightly, as higher-than-expected U.S. inflation data and an increase in jobless claims did not deter expectations of a Fed rate cut in November. The CPI rose 0.2% in September, with an annual increase of 2.4%, above estimates. The Fed is expected to cut rates next month, with a 87.1%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖