ART HOGAN from B RILEY WEALTH notes the stable 2.6% core PCE, potentially leading to Fed rate cuts. The overall economic indicators suggest a favorable environment for equities, with ongoing downward trends in treasury yields.
from Economic Times https://ift.tt/ecYnDS9
from Economic Times https://ift.tt/ecYnDS9
US inflation cools in May; consumer spending rises moderately
![US inflation cools in May; consumer spending rises moderately]()
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June 28, 2024
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