-
PCE data was 'the best one can expect': Economist
The latest Personal Consumption Expenditures (PCE) data for May came in line with analyst expectations, with a reading of 2.6%. To understand the implications for future Federal Reserve rate cuts, BMO senior economist and managing director Jennifer Lee joins Morning Brief to offer her insights.
Lee describes the PCE data as "the best one can expect," suggesting it should bolster the Fed's confidence in easing monetary policy. She notes a "softness" in services spending, which she views positively as it may help cool the previously sticky services inflation. Despite this, Lee observes that consumers continue to spend on discretionary items.
Based on this report, Lee anticipates a potential Fed rate cut in September. She explains, "Over the next couple of months, we'll accumulate more inflat...
published: 28 Jun 2024
-
San Francisco Fed President Mary Daly: PCE data shows us that monetary policy is working
San Francisco Fed President Mary Daly joins 'Squawk Box' at the Aspen Ideas Festival to discuss the new PCE data and what this data suggests about the overall economy. NBCUniversal News Group is the media partner of the Aspen Ideas Festival. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
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Get the latest news: http://www.cnbc.com/
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Follow CNB...
published: 28 Jun 2024
-
Ferguson: A positive PCE report could be meaningful for the FOMC this time around
Roger Ferguson, former Fed vice chairman and past president & CEO of TIAA, discusses what to expect from today's PCE data, and what slowing inflation could mean for potential rate cuts this year and next.
published: 28 Jun 2024
-
PCE Data Hits Forecasts
Phil Neuhart, Director of Market and Economic Research at First-Citizens Bank & Trust Company discusses today's PCE reading and his inflation outlook in the US. He speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
Get more on the Bloomberg Surveillance Podcast:
Apple: http://bit.ly/3OPtReI
Spotify: http://bit.ly/42xmHPz
Anywhere: http://bit.ly/3oOD8ZH
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
WATCH HERE: http://bit.ly/3vTiACF
Follow us on X: https://twitter.com/BloombergRadio
Subscribe to our Podcasts:
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Bloomberg Businessweek: http://bit.ly/3IPl60...
published: 26 Apr 2024
-
US PCE Report Preview: What to Watch for
The core personal consumption expenditures price index, the Federal Reserve’s preferred gauge of underlying inflation, likely moderated in April to the slowest monthly pace yet this year. Personal spending and income are also expected to cool. Michael McKee has a preview on Bloomberg Television.
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
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published: 31 May 2024
-
We know the March PCE isn't going to be good enough for rate cuts, says Krishna Guha
Krishna Guha, Evercore ISI Vice Chairman, joins 'Closing Bell Overtime' to talk recent market action, what's next for the Fed, and more.
published: 19 Apr 2024
-
Setting Expectations for the PCE Print
How are credit spreads affecting corporate bond markets? Collin Martin discusses this and analyzes market expectations for Fed cuts. He also sets expectations for this week’s PCE print. Tune in to find out more about the stock market today.
#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday
published: 26 Feb 2024
-
What to Look for In PCE Data on Friday
The latest PCE data will be released Friday morning. Kathy Jones discusses what to look for in this data. She also talks about what to expect from the Fed going forward. She highlights the state of the labor market. She then goes over the outlook for fixed income markets. Tune in to find out more about the stock market today.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
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published: 24 Jun 2024
-
Fed remains 'between a rock and a hard place' after key PCE data, says G Squared's Victoria Greene
CNBC's Morgan Brennan, Steve Liesman and Rick Santelli break down Friday's key personal consumption expenditure data. KPMG Chief Economist Diane Swonk and G Squared Private Wealth's Victoria Greene also discuss what the data means for the Fed and U.S. economy.
published: 29 Mar 2024
-
Former Boston Fed President Eric Rosengren: Expect the core PCE index to continue trending downward
Former Boston Fed President Eric Rosengren joins 'Squawk Box' to discuss the Fed's inflation fight, state of the U.S. economy, interest rate path outlook, and more.
published: 22 Apr 2024
4:52
PCE data was 'the best one can expect': Economist
The latest Personal Consumption Expenditures (PCE) data for May came in line with analyst expectations, with a reading of 2.6%. To understand the implications f...
The latest Personal Consumption Expenditures (PCE) data for May came in line with analyst expectations, with a reading of 2.6%. To understand the implications for future Federal Reserve rate cuts, BMO senior economist and managing director Jennifer Lee joins Morning Brief to offer her insights.
Lee describes the PCE data as "the best one can expect," suggesting it should bolster the Fed's confidence in easing monetary policy. She notes a "softness" in services spending, which she views positively as it may help cool the previously sticky services inflation. Despite this, Lee observes that consumers continue to spend on discretionary items.
Based on this report, Lee anticipates a potential Fed rate cut in September. She explains, "Over the next couple of months, we'll accumulate more inflationary data. This PCE report is one of the more significant pieces we've seen since the May CPI. We need to see all inflation indicators aligning, which will give the Fed the comfort and confidence to start cutting rates in September."
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https://wn.com/Pce_Data_Was_'The_Best_One_Can_Expect'_Economist
The latest Personal Consumption Expenditures (PCE) data for May came in line with analyst expectations, with a reading of 2.6%. To understand the implications for future Federal Reserve rate cuts, BMO senior economist and managing director Jennifer Lee joins Morning Brief to offer her insights.
Lee describes the PCE data as "the best one can expect," suggesting it should bolster the Fed's confidence in easing monetary policy. She notes a "softness" in services spending, which she views positively as it may help cool the previously sticky services inflation. Despite this, Lee observes that consumers continue to spend on discretionary items.
Based on this report, Lee anticipates a potential Fed rate cut in September. She explains, "Over the next couple of months, we'll accumulate more inflationary data. This PCE report is one of the more significant pieces we've seen since the May CPI. We need to see all inflation indicators aligning, which will give the Fed the comfort and confidence to start cutting rates in September."
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
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Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
- published: 28 Jun 2024
- views: 3470
4:01
San Francisco Fed President Mary Daly: PCE data shows us that monetary policy is working
San Francisco Fed President Mary Daly joins 'Squawk Box' at the Aspen Ideas Festival to discuss the new PCE data and what this data suggests about the overall e...
San Francisco Fed President Mary Daly joins 'Squawk Box' at the Aspen Ideas Festival to discuss the new PCE data and what this data suggests about the overall economy. NBCUniversal News Group is the media partner of the Aspen Ideas Festival. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
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https://wn.com/San_Francisco_Fed_President_Mary_Daly_Pce_Data_Shows_US_That_Monetary_Policy_Is_Working
San Francisco Fed President Mary Daly joins 'Squawk Box' at the Aspen Ideas Festival to discuss the new PCE data and what this data suggests about the overall economy. NBCUniversal News Group is the media partner of the Aspen Ideas Festival. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
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#CNBC
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- published: 28 Jun 2024
- views: 6125
3:08
Ferguson: A positive PCE report could be meaningful for the FOMC this time around
Roger Ferguson, former Fed vice chairman and past president & CEO of TIAA, discusses what to expect from today's PCE data, and what slowing inflation could mean...
Roger Ferguson, former Fed vice chairman and past president & CEO of TIAA, discusses what to expect from today's PCE data, and what slowing inflation could mean for potential rate cuts this year and next.
https://wn.com/Ferguson_A_Positive_Pce_Report_Could_Be_Meaningful_For_The_Fomc_This_Time_Around
Roger Ferguson, former Fed vice chairman and past president & CEO of TIAA, discusses what to expect from today's PCE data, and what slowing inflation could mean for potential rate cuts this year and next.
- published: 28 Jun 2024
- views: 3654
3:27
PCE Data Hits Forecasts
Phil Neuhart, Director of Market and Economic Research at First-Citizens Bank & Trust Company discusses today's PCE reading and his inflation outlook in the US....
Phil Neuhart, Director of Market and Economic Research at First-Citizens Bank & Trust Company discusses today's PCE reading and his inflation outlook in the US. He speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
Get more on the Bloomberg Surveillance Podcast:
Apple: http://bit.ly/3OPtReI
Spotify: http://bit.ly/42xmHPz
Anywhere: http://bit.ly/3oOD8ZH
--------
Watch Bloomberg Radio LIVE on YouTube
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https://wn.com/Pce_Data_Hits_Forecasts
Phil Neuhart, Director of Market and Economic Research at First-Citizens Bank & Trust Company discusses today's PCE reading and his inflation outlook in the US. He speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
Get more on the Bloomberg Surveillance Podcast:
Apple: http://bit.ly/3OPtReI
Spotify: http://bit.ly/42xmHPz
Anywhere: http://bit.ly/3oOD8ZH
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
WATCH HERE: http://bit.ly/3vTiACF
Follow us on X: https://twitter.com/BloombergRadio
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Bloomberg Daybreak: http://bit.ly/3DWYoAN
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- published: 26 Apr 2024
- views: 2643
2:05
US PCE Report Preview: What to Watch for
The core personal consumption expenditures price index, the Federal Reserve’s preferred gauge of underlying inflation, likely moderated in April to the slowest ...
The core personal consumption expenditures price index, the Federal Reserve’s preferred gauge of underlying inflation, likely moderated in April to the slowest monthly pace yet this year. Personal spending and income are also expected to cool. Michael McKee has a preview on Bloomberg Television.
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
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https://wn.com/US_Pce_Report_Preview_What_To_Watch_For
The core personal consumption expenditures price index, the Federal Reserve’s preferred gauge of underlying inflation, likely moderated in April to the slowest monthly pace yet this year. Personal spending and income are also expected to cool. Michael McKee has a preview on Bloomberg Television.
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
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- published: 31 May 2024
- views: 2046
4:13
We know the March PCE isn't going to be good enough for rate cuts, says Krishna Guha
Krishna Guha, Evercore ISI Vice Chairman, joins 'Closing Bell Overtime' to talk recent market action, what's next for the Fed, and more.
Krishna Guha, Evercore ISI Vice Chairman, joins 'Closing Bell Overtime' to talk recent market action, what's next for the Fed, and more.
https://wn.com/We_Know_The_March_Pce_Isn't_Going_To_Be_Good_Enough_For_Rate_Cuts,_Says_Krishna_Guha
Krishna Guha, Evercore ISI Vice Chairman, joins 'Closing Bell Overtime' to talk recent market action, what's next for the Fed, and more.
- published: 19 Apr 2024
- views: 8587
5:38
Setting Expectations for the PCE Print
How are credit spreads affecting corporate bond markets? Collin Martin discusses this and analyzes market expectations for Fed cuts. He also sets expectations f...
How are credit spreads affecting corporate bond markets? Collin Martin discusses this and analyzes market expectations for Fed cuts. He also sets expectations for this week’s PCE print. Tune in to find out more about the stock market today.
#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday
https://wn.com/Setting_Expectations_For_The_Pce_Print
How are credit spreads affecting corporate bond markets? Collin Martin discusses this and analyzes market expectations for Fed cuts. He also sets expectations for this week’s PCE print. Tune in to find out more about the stock market today.
#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday
- published: 26 Feb 2024
- views: 1127
7:34
What to Look for In PCE Data on Friday
The latest PCE data will be released Friday morning. Kathy Jones discusses what to look for in this data. She also talks about what to expect from the Fed going...
The latest PCE data will be released Friday morning. Kathy Jones discusses what to look for in this data. She also talks about what to expect from the Fed going forward. She highlights the state of the labor market. She then goes over the outlook for fixed income markets. Tune in to find out more about the stock market today.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
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#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday #pce
https://wn.com/What_To_Look_For_In_Pce_Data_On_Friday
The latest PCE data will be released Friday morning. Kathy Jones discusses what to look for in this data. She also talks about what to expect from the Fed going forward. She highlights the state of the labor market. She then goes over the outlook for fixed income markets. Tune in to find out more about the stock market today.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
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#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday #pce
- published: 24 Jun 2024
- views: 696
7:04
Fed remains 'between a rock and a hard place' after key PCE data, says G Squared's Victoria Greene
CNBC's Morgan Brennan, Steve Liesman and Rick Santelli break down Friday's key personal consumption expenditure data. KPMG Chief Economist Diane Swonk and G Squ...
CNBC's Morgan Brennan, Steve Liesman and Rick Santelli break down Friday's key personal consumption expenditure data. KPMG Chief Economist Diane Swonk and G Squared Private Wealth's Victoria Greene also discuss what the data means for the Fed and U.S. economy.
https://wn.com/Fed_Remains_'Between_A_Rock_And_A_Hard_Place'_After_Key_Pce_Data,_Says_G_Squared's_Victoria_Greene
CNBC's Morgan Brennan, Steve Liesman and Rick Santelli break down Friday's key personal consumption expenditure data. KPMG Chief Economist Diane Swonk and G Squared Private Wealth's Victoria Greene also discuss what the data means for the Fed and U.S. economy.
- published: 29 Mar 2024
- views: 48497
4:54
Former Boston Fed President Eric Rosengren: Expect the core PCE index to continue trending downward
Former Boston Fed President Eric Rosengren joins 'Squawk Box' to discuss the Fed's inflation fight, state of the U.S. economy, interest rate path outlook, and m...
Former Boston Fed President Eric Rosengren joins 'Squawk Box' to discuss the Fed's inflation fight, state of the U.S. economy, interest rate path outlook, and more.
https://wn.com/Former_Boston_Fed_President_Eric_Rosengren_Expect_The_Core_Pce_Index_To_Continue_Trending_Downward
Former Boston Fed President Eric Rosengren joins 'Squawk Box' to discuss the Fed's inflation fight, state of the U.S. economy, interest rate path outlook, and more.
- published: 22 Apr 2024
- views: 7640