May PCE data, consumer sentiment, Fedspeak: What to Watch

Reported 9 months ago

On Friday, June 28, investors should pay attention to the release of May's Personal Consumption Expenditures (PCE) index, June consumer sentiment data, and speeches from Federal Reserve officials Tom Barkin, Michelle Bowman, and Mary Daly. These events are crucial indicators for the economy and the Federal Reserve's monetary policy decisions, with analysts predicting trends in inflation and consumer confidence. Bowman's recent remarks hint at a cautious stance on rate cuts.

Source: YAHOO

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