3 months PCE Inflation Cools, But This Just Derailed A Half-Point Fed Rate Cut; S&P 500 RalliesInvestor's Business Daily
The PCE price index shows that core inflation is cooling. But solid consumer spending and wage gains cast doubt on a big Fed rate cut. The S&P 500 pared early gains.
The post PCE Inflation Cools, But This Just Derailed A Half-Point Fed Rate Cut; S…