Inflation, Consumer Spending, Fed's Goolsbee in Focus Ahead of Biden-Xi Meeting and Potential Shutdown Deadline
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U.S. inflation data for October, coming on Tuesday, will be closely watched by markets, economists, and policymakers to see if cooling price trends continue.
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October retail sales data, out Wednesday, is expected to show consumer spending weakening after strong gains over the summer.
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Chicago Fed President Austan Goolsbee speaks Tuesday; his views on inflation and policy carry weight.
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Presidents Biden and Xi Jinping meet Wednesday amid struggles in China's economy and Xi's ties with Putin.
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Congress faces a Friday deadline to avoid a government shutdown in the first test for new House Speaker Kevin McCarthy.