On Friday, an important economic data point was released for the US economy - PCE inflation data was reported mostly inline per expectation. PCE index is considered to be the Federal Reserve’s preferred inflation gauge. Thus, this datapoint holds tremendous significance for the macro-outlook, especially Fed’s interest rate policy outlook. In today’s episode we plan to review this latest datapoint and our interpretation of what it means for the macro-outlook and thus the market’s outlook.
Credits:
- Narrated by Sid Barthakur
- Music by Alexi Action from Pixabay
Disclaimer:
Please note this is not an investment advice. Your investment philosophy shall be based on your risk profile and financial goals. Please seek investment advice from your own investment advisor. This article/podcast has been produced only with the intension of sharing observations from research.
Copyright:
Copyright @ Inceptone Inc., 2024
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