The Personal Consumption Expenditures (PCE) price index — the Federal Reserve's preferred inflation gauge — for the month of July is due out tomorrow morning...
The Personal Consumption Expenditures price index — the Federal Reserve 's preferred inflation gauge — for the month of July is due out tomorrow morning. This data comes out after revisions to US GDP in the second quarter saw the economy grow by 3%, revised higher from 2.8%.And time now for to watch Friday, August 30th starting off on the economy monthly P ce data.
All of this data giving us more insight ahead of the fed's interest rate decision in September, multiple fed officials including FED chair Jerome Powell signaling that now is the time to cut rates question investors are asking of course is how big will that cut be the traditional 25 or super sized 50 basis points?He's turning 94 and it comes just days after his company Berkshire Hathaway uh hit one trillion in market cap.
A Gen Xer got $110,000 in student loans forgiven after he'd paid off more than he borrowed. It's allowed him to scrap his plans to work part time in retirement.
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