July PCE Release and Warren Buffett's 94th Birthday: Key Highlights

Reported about 1 month ago

The July Personal Consumption Expenditures (PCE) price index, a key indicator for inflation favored by the Federal Reserve, is set to be released tomorrow. This comes after revisions showed a stronger US GDP growth of 3% for the second quarter. Additionally, Warren Buffett, chairman and CEO of Berkshire Hathaway, will celebrate his 94th birthday on August 30, coinciding with Berkshire hitting a $1 trillion market cap.

Source: YAHOO

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