News list for "kenwell"

Bret Kenwell, an analyst at financial investment services firm eToro, said the U.S. June PCE report was largely in line with economists' expectations, while the core PCE index rose only slightly more than expected year-on-year. Still, there was nothing in the report to suggest an unexpected acceleration in inflation. Combined with a lower-than-expected CPI report earlier this month and a recent trend in lower inflation data, this should give the Federal Reserve the green light to cut interest ra...

2024-07-26 13:59:33