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.

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