PCE inflation came in at 2.8 percent with Core PCE at 2.8 percent instead of the expected 2.9. Consumer expectations also improved with better outlooks for the next year and the next five years. With The Fed meeting next week, this data could push them toward a rate cut.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #shorts #PCE #inflation #powell #federalreserve