Weak U.S. Data Elicits Investor Relief

When inflation reduction is the dominant policy priority, investors hope to see weaker-than-expected data like those released today. U.S. job openings, job hires, job separations, and job quits were each fewer in July than June; openings fell to a 28-month low. The Case-Shiller index of house prices in 20 U.S. metropolitan areas recorded a year-on-year […]