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The biggest news affecting financial markets this week is the tentative agreement to suspend the debt ceiling until January 1, 2025, along with certain limits on spending. Although legislative wrangling likely will continue through the week, it should be finalized...
Positive economic news and a belief that the U.S. will avoid a default on its debt service, as well as program and operating obligations, contributed to positive stock market gains this past week and even led some Fed officials to indicate that more interest rate...
Core CPI Inflation at 5.5% is mostly unchanged from the beginning of the year, although there are positive signs in producer prices and housing costs. Debt ceiling drama dominates economic news, driving consumer sentiment down again, and the S&P closed lower last...