Two Blokes

Core PCE Ticks Higher, U.S. & China Trade Framework Reached

  • click to rate
    Posted by Two Blokes Jun 27 - Filed in General - #TwoBlokesTrading  - 7 views
    The latest core PCE price index showed a 2.7% increase, higher than Wall Street estimates. Kevin Hincks says investors aren't reacting too harshly to the numbers as members of the Fed target a potential interest rate cut in September.