[U.S. Market]Stocks Rebound, PCE Price Index Exceeds Expectations – Dollar Low 136 Yen – Bloomberg
The US stock market fell back on the 24th. The January Personal Consumption Expenditure (PCE) price index released in the morning showed better-than-expected gains. That reinforced the view that the Fed still has a long way to go before it raises interest rates aggressively and that the economy is unlikely to achieve a soft landing. … Read more