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Market Impact: 0.55
PCE Pushes Equities, Cuts into Interest Rate Hike Changes as Oil Flows Improve
Source: youtube.com
InflationMonetary PolicyInterest Rates & YieldsEconomic Data
Core PCE inflation came in below expectations, providing a positive signal for equities. The softer print materially reduced the perceived probability of an October interest-rate hike, supporting a more dovish monetary-policy outlook.
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