This week's inflation indicators should show that it continues to moderate toward the Fed's 2.0% target. Also, this week's initial unemployment claims (Thu) will be for the same week that October's payroll employment report will reflect. That should provide a sense of how Hurricane Helene (and some workers' strikes) might have impacted the next monthly jobs report. Of course, we will continue to monitor developments in the Middle East.
Here's more on what we're watching on the home front:
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