Core PCE rose 0.99%MoM annualised in May'24, as genuine QT occurred in Apr-May'24. The 25th July release of 2%QoQ and 2.5%YoY rises in core PCE will allow FOMC to cut the FF rate on 31st Jul'24
What is covered in the Full Insight:
Introduction
Recent Inflation Trends
Impact of Quantitative Tightening
Projections and Expectations
Conclusions
SUMMARY
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