HomeMarketsU.S. EconomyRecently Cooler CPI Can Predict Core PCE, Fed Needs More Time

Recently Cooler CPI Can Predict Core PCE, Fed Needs More Time

The Federal Reserve thought that inflation was moderating in December 2023. However, the first quarter of 2024 indicated that inflation was picking back up. Jeffrey Cleveland says that it will take more time for Jerome Powell to be comfortable with cutting interest rates.

Morning Trade Live

17 Jun 2024

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