Latest Inflation Data Confirms Fed Rate Call, S&P 500 Hits Record High, Biden Advisor Backs China EV Ban At Detroit Economic Club: In The Markets This Week – Alibaba Gr Hldgs (NYSE:BABA), Meta Platforms (NASDAQ:META) – Benzinga

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  1. Latest Inflation Data Confirms Fed Rate Call, S&P 500 Hits Record High, Biden Advisor Backs China EV Ban At Detroit Economic Club: In The Markets This Week – Alibaba Gr Hldgs (NYSE:BABA), Meta Platforms (NASDAQ:META)Benzinga
  2. The main Fed inflation gauge was 2.2% in August, lower than expectedCNBC
  3. A double win for consumers: inflation cooled last month, paving the way for a further decline in borrowing costsCNN
  4. Futures wobble ahead of major inflation reportInvestor business daily
  5. Americans’ disposable incomes are showing signs of strength and stabilityMarketplace

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