The personal consumption expenditures price index excluding food and energy – the Fed’s preferred measure of underlying inflation – is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.
The more deals Trump gets, the more confidence markets gain
Investor confidence surged after President Trump signed trade deals with Japan and Southeast Asian nations, reducing earlier tariff threats. Global stocks hit records, bond yields
July 23, 2025