Register and share your invite link to earn from video plays and referrals.

*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    1.9M Followers
PCE SUPPORTS FED HOLD FOR NOW Capital Economics says July’s core PCE increase is unlikely to trigger a Fed rate hike in September. However, with annual core inflation at 3.3% and economic growth remaining resilient, the firm believes higher rates may eventually be necessary. For now, the data strengthen the case for the Fed to hold rates steady.
Show more