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Falling inflation figures in the US increase the likelihood of a pause at the September Fed meeting
By JustMarkets At Friday’s close, the Dow Jones Index (US30) increased by 0.5% (+0.65% for the week), while the S&P 500 Index (US500) added 0.99% (+0.85% for the week). The NASDAQ Technology Index (US100) closed positive by 1.90% (+1.67% for the week) on Friday. Core PCE data is the Fed’s preferred inflation gauge. The 0.5% decline from the May reading only reinforced […]...
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Posted: Jul 31 2023, 12:40
Author Name: investmacro
Views: 080836