Global Markets Navigate Fed’s Cautious Stance, Mixed Economic Data, and Key Corporate Moves

Key TakeawaysFederal Reserve Governor Christopher Waller signaled that while the Fed needs to cut rates, it will do so cautiously and in quarter-point steps, citing a weak labor market but no evidence of a wage-price spiral.Mexico's industrial production experienced a notable decline in August, with both monthly and annual figures missing analyst expectations, indicating a potential slowdown in the manufacturing sector.JPMorgan placed consumer giant Colgate-Palmolive (CL) on a negative catalyst watch, while ...