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Financial-Select-Sector-SPDR  on October 13, 2023


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Inflation Steadies in September: ETFs to Gain - Yahoo Finance

Inflation in the United States was steady last month as the Consumer Price Index rose 3.7% year over year, flat compared with the August level. Although inflation is still significantly above the Federal Reserve's 2% target, it has dropped from a peak of 9.1%. On a month-over-month basis, inflation decelerated from 0.6% to 0.4%.Several Fed officials in the past week have signaled that higher long-term rates could help cool the economy, lessening the need for the central bank to further raise its key short-term rate (read: Small-Cap ETFs to Bet on Amid Dovish Fed, Mideast Conflict).A steady inflation rate suggests that the U.S.

Yahoo     Oct 13, 2023