The Monday Mix: Sept. 25 – Oct. 1, 2023

Top-of-mind economic news as we start the week:

The U.S. Congress has until November 17 to pass a federal budget or face a government shutdown, after a temporary funding bill was signed into law.

Economists expect the U.S. economy grew 3.2% in the 3rd quarter, fastest pace in a year, with a slowdown likely in the 4th quarter.

U.S. consumer confidence fell in September to its 2nd lowest level this year, as consumer struggle with higher prices and interest rates.

Inflation in the Eurozone eased to 4.3% in Sept. amid 0% economic growth and 4% key interest rate, up from -0.25% in July 2022.

The SEC will require investment funds marketed as applying ESG or sustainability factors to invest 80% of their assets based on those factors.