Looks as though in the US they are predicting their PCE figure to be 2.6, down from 2.7, which would be the first decline of inflation for 6 months and a sign that inflation is slowing in the hottest economy on earth. They need to get to trend down to ,2.1, so if it is more than the expected 2.6 the whole equation about interest rate cuts will change again.....let's see
L
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