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Housing costs should show more disinflationary pressure going forward, expert says

The shelter component of the Consumer Price Index rose 0.4% over the previous month.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0 085 per Share

XAI Octagon Floating Rate & Alternative Income Term Trust has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares , payable on December 1, 2023, to common.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0 085 per Share

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0 085 per Share
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PCE inflation rate stays high in September

An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Friday’s report from the Commerce Department showed that prices rose 0.4% from August to September, the same as the previous month. Spread across the economy, the strength of that spending is itself helping to fuel inflation.

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