Macro Finance
US Stocks Rise as Traders Trim Rate-Hike Bets After PCE Data
Bloomberg Markets·September 30, 2026·1 min read
US stocks rose Wednesday after the Federal Reserve's preferred inflation gauge accelerated less than expected, reinforcing speculation the central bank will hold rates steady in October. The PCE data eased concerns about aggressive tightening, lifting major indices into positive territory for the session.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.