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The Federal Open Market Committee voted 10-2 to hold its benchmark federal funds rate in a range of 3.75% to 4%. Governor Lisa Cook and Cleveland Fed President Beth Hammack were the dissenting votes. Bloomberg's Michael McKee reports. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
September witnessed a decline in India's factory output growth, falling to 6.7%, the lowest rate observed in four months. The drop is largely linked to a high base effect and decreased mining activity. Despite this, manufacturing output surged by 7.6% compared to the previous year, while electricity generation also grew, spurred by robust…
The decision was widely expected but drew a dissent from Fed governor Lisa Cook. Officials have hinted a December increase is likely.
Key PointsWall Street is expecting AMD to continue showing robust revenue and profit growth in its upcoming earnings report.
Key PointsHome Depot maintains a dominant market share in home improvement with an increasing focus on professional contractors and complex projects.
Key PointsTarget is trading 51% higher this year, quadrupling the market's return.
