The Federal Reserve may not have received what it wanted the most, but PCE data is not enough to change the outcome of this month's interest rate cuts
海角七号
发表于 4 天前
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Strategist Quincy Krosby said that she still expects the Federal Reserve to announce a slight interest rate cut at the November 7th meeting, although the PCE data may not have changed the outcome of this month's rate cut. He also emphasized that the mixed inflation data presented on Thursday indicated that "the last mile of the Federal Reserve's road to stabilizing inflation and declaring victory in the battle against inflation is still bumpy.
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