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The Marked Chart Wire · Economy and the Fed
Inflation
The Federal Reserve's initial forecast for November suggests that inflationary trends are continuing to spread across the wider economy.
Part of a series: US inflation data beats forecasts in September
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BOJ
Minutes from the Bank of Japan indicate policymakers see a need for additional interest rate increases, even as the central bank held its benchmark rate steady at 1.25 percent.
Fed
A Trump committee hearing regarding Federal Reserve Governor Lisa Cook has been rescheduled to December 14.
Bank of Japan
Minutes from the Bank of Japan's September meeting indicate members broadly support raising interest rates and reducing monetary easing. Officials differed on the pace of tightening, citing inflation risks and uncertainty about the neutral rate.
ISM Services
The ISM services index came in at 54.5, below the 54.8 forecast and down from 54.9. New orders dropped to 55.9, while employment rose to 51.4.
PMI
The final S&P Global US services PMI came in at 56.1, missing the forecast of 57.9 and matching the previous month's reading.
Trade Balance
The United States recorded a trade deficit of $105 billion, slightly better than the forecast of $107.9 billion and the previous month's $105.6 billion.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.