📉 Market Update: US inflation slowed to 2.4% in Sept from 2.5% in Aug, but core inflation ticked up to 3.3%. This mixed bag has Wall Street and European shares slipping, with all major US indexes slightly down.
💼 Analysts are now questioning the Fed's aggressive rate cuts, especially after a strong jobs report. Jobless claims hit a yearly high at 258k, possibly skewed by recent hurricanes.
📈 Meanwhile, China's markets rebounded as the central bank boosted liquidity for stock purchases.
What do you think? Will the Fed hold off on more rate cuts? Drop your thoughts below! 👇 #Economy #Forex #Crypto