Market analysis: PCE data helps the Fed maintain one to two rate cuts this year

GoldenOctober2024

2025-02-28 15:24:36

On February 28th, after the release of PCE data, stock index futures rose while long-term bond yields fell. The initial reaction seemed to suggest that the milder inflation data might imply a further interest rate cut by the Fed. Robert Ruggirello, Chief Investment Officer of Brave Eagle Wealth Management, stated in a report, “Although additional rate cuts may still be months away, we believe this report could help the Fed to maintain one to two rate cuts in 2025.”

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CryptoAnTT9

· 2025-02-28 15:33

1000x Vibes 🤑

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