The Federal Reserve remains on track to raise interest rates again in December, according to the futures markets. But the wisdom for another round of policy tightening is drawing more criticism in the wake of a surge in stock market volatility and signs that economic growth has slowed in the US, China and Europe.
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Eurozone GDP growth in Q3 slumped to four-year low: NY Times
US dollar rises to highest level in more than a year: Reuters
US charges Chinese military officers with theft of jet engine data: Reuters
China’s Mfg PMI for Oct points to slowest growth in over two years: CNBC
Reeling from financial stress, GE cuts its 119-year-old dividend to one cent: CNN
Annual trend for US home prices slips below 6% rise for first time in a year: S&P
Conference Board: US Consumer Confidence Index at 18-year high in Oct: CNBC
Election forecast still favors Democrats for retaking House: FiveThirtyEight