Williams: The Federal Reserve Currently Feels No Urgency to Take Action
ChainCatcher News, according to Golden Ten Data, Federal Reserve's Williams stated that there is currently no urgency to take further action.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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U.S. durable goods orders in September posted the largest increase in five months, with AI investment supporting corporate equipment demand
U.S. durable goods orders rose by 1.8% month-on-month in September, marking the largest increase in five months and surpassing the previous upwardly revised figure of 0.1%, though slightly below the market expectation of 1.9%. Manufacturing demand further recovered, with broad gains in orders for aircraft, computers, machinery, and automobiles. Business equipment investment also remained strong, providing new support for U.S. economic growth in the third quarter.
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