Fed officials to share insights as PepsiCo and GM prepare for key updates

news.yahoo.com

Federal Reserve officials, including Atlanta Fed President Raphael Bostic, will release new commentary on October 8. This follows Bostic's recent indication of openness to a significant rate cut if the job market weakens. The National Federation of Independent Business will also release its optimism index, expected to rise to 92 for September, reflecting small business sentiment amid changing interest rates. PepsiCo will report its third-quarter earnings on the same day, with analysts noting that slowing price increases may boost sales. General Motors will hold its first investor day in two years, focusing on company updates amid declining consumer demand.


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