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PCE data keeps Fed's rate cut dreams alive - July 26, 2024
Episode 434
Published 2 years, 3 months ago
Description
Today's trading session is set to be dominated by corporate earnings and June's PCE inflation data from the USA, a key indicator for the Fed's monetary policy. Despite yesterday's stronger-than-expected Q2 GDP release in the US, the market still firmly believes in the Fed's first rate cut in September.
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