Banking hearings on SVB collapse, GDP and Fed’s inflation gauge top week ahead

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Banking hearings on SVB collapse, GDP and Fed’s inflation gauge top week ahead
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Banking crisis remains at the forefront ahead of economic fueled week

An employee works in the battery assembly hall at the BMW Spartanburg plant in Greer, South Carolina, Oct. 19, 2022.

On Friday, the Federal Reserve's preferred measure of inflation, the PCE, is expected to remain elevated, rising an estimate 5.1% year-over-year and 0.5% on a monthly basis.Other data includes the Chicago PMI and the University of Michigan's consumer sentiment index.

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