LPL Financial chief economist Jeffrey Roach said inf pressure is spreading from energy into the broader economy, suggesting the final phase of returning inf to target will be bumpy and could keep interest rates elevated for an extended period period.

2026-10-14

LPL Financial chief economist Jeffrey Roach said inf pressure is spreading from energy into the broader economy, suggesting the final phase of returning inf to target will be bumpy and could keep interest rates elevated for an extended period period. He said the latest report complicates the Fed's policy decision this month by making the path to price stability more difficult.

Other News
2026-10-14

Germany's Economic Ministry said higher energy prices have reduced purchasing power and, combined with uncertainty and higher financing costs, the domestic economy is unlikely to provide significant momentum in the near term.

2026-10-14

Individual Stock News 1. Agile Group (01813.HK) reported pre-sales of RMB 200 million in September, a decrease of 73.2% year-on-year. 2. COFCO Jiajiakang (01610.HK) reported a hog slaughter volume of 524,000 heads in September, a decrease of 4.03%