Wall Street Braces for Fed Minutes, Economic Data Amid Interest Rate Hike
The Federal Reserve's recent decision to raise interest rates has Wall Street abuzz as investors await key economic updates and insight into the central bank's decision-making process.
On Monday, the Institute for Supply Management will release its monthly service sector index for September, which makes up a significant portion of U.S. economic activity.
The report will provide valuable information on whether the sector is expanding or contracting, giving investors and economists a better understanding of how businesses are adapting to high inflation.