Nasdaq 100 Trims Gains as Fed’s Favorite Inflation Gauge Rises More than Expected

June U.S. Core PCE rises to 4.8% y-o-y from 4.7% y-o-y in May, a sign that inflationary pressures are struggling to cool and that the Fed has a long way to go to restore price stability.

No votes yet.
Please wait...

0 Comments

Leave a Reply

en English
X

Login

Login to your account

or login with