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US Markets Watch Federal Reserve Signals After Fresh Economic Data

NEW YORK: Financial markets are closely watching Federal Reserve policy signals after recent U.S. data showed weaker consumer confidence and fewer job openings.

Washington DC representative image
Washington, D.C. Representative image.

Reuters reported that several Federal Reserve officials were scheduled to speak on Tuesday, while investors awaited the Personal Consumption Expenditures price index and September employment data.

Markets are assessing how persistent inflation and changing labor-market conditions could influence the central bank’s next interest-rate decisions.

Source: Reuters and Federal Reserve.

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Imran Siddiqui

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