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The Weekly Bottom Line: Healthy Data Keep Pressure on Fed

The Weekly Bottom Line: Healthy Data Keep Pressure on Fed
U.S. Highlights A week’s worth of solid data did little to contradict Fed Chair Powell’s comments suggesting more monetary tightening is on the way. However, May’s personal consumption expenditure (PCE) report did provide a bit of reassurance for the Fed that demand is slowing down as real expenditure growth has been flat in three of […] The post The Weekly Bottom Line: Healthy Data Keep Pressure on Fed appeared first on Action Forex... Read More
Posted: Jun 30 2023, 17:13
Author Name: actionforex
Views: 110865

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