- The Dow and S&P 500 closed at records after minutes from the Federal Reserve's last meeting showed inflation expectations were contained, leaving open the question of whether another rate cut is near.
- Federal Reserve Bank of St Louis President William Poole said the deprecation of the dollar should not hit inflation, owing to the limited pass-through from the currency via import prices.
- India has extended its export ban of wheat for an indefinite period, while allowing the restriction-free import of wheat indefinitely .
- Heating oil customers will pay an average of 22 percent more this winter than last and natural gas customers will pay 10 percent more, the Energy Department estimated.
No comments:
Post a Comment