Odaily planet daily news Ameriprise Financial Chief Economist Russell Price expects overall PCE month-on-month growth of 0.3% in December, with core PCE month-on-month growth of 0.2%, in line with market expectations. Economists generally expect core PCE to continue to decline in the coming months, despite sticky services prices still exerting upward pressure on the index. Russell Price added: "Maintaining a pause is a very rational and reasonable view, and it is expected that the Fed will cut interest rates by 25 basis points at the June meeting." (Jin Shi)
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Ekonomistler: Bu hafta çekirdek PCE'nin soğuması bekleniyor, Fed'in Haziran toplantısında faiz indiriminin 25baz puan olması bekleniyor
Odaily planet daily news Ameriprise Financial Chief Economist Russell Price expects overall PCE month-on-month growth of 0.3% in December, with core PCE month-on-month growth of 0.2%, in line with market expectations. Economists generally expect core PCE to continue to decline in the coming months, despite sticky services prices still exerting upward pressure on the index. Russell Price added: "Maintaining a pause is a very rational and reasonable view, and it is expected that the Fed will cut interest rates by 25 basis points at the June meeting." (Jin Shi)