Reply To: Key Fed Inflation Guage Falls in May, Core PCE 4.6% from 4.7%

#59281
TradersCom
Keymaster

Goldman Sachs economists after PCE:

“While we continue to expect the Fed to pause deletion in June, this morning’s stronger-than-expected consumer spending and inflation data and the wide range of views by FOMC participants on the appropriate policy path make this a close call”