Fitch: PCE Report is the Calm Before the Storm in the Eyes of the Federal Reserve
View original
Fitch analyst Olu Sonola noted in a report that the Federal Reserve might view the moderate personal consumption expenditure inflation report as "the calm before the storm." He wrote: The Federal Reserve will continue to wait for the storm to arrive—unless consumer spending shrinks significantly and the unemployment rate rises rapidly. Sonola stated, "This report shows that American consumers remain resilient."
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Baby Doge: BabyDoge DEX is launching soon and whitelist is open
Bitget•2025/05/31 18:44
James Wynn: All or Nothing, No Intention to Cash Out at 100 Million Profit
Bitget•2025/05/31 18:08
Michael Saylor: Everyone Should Allocate Bitcoin
金色财经•2025/05/31 18:07
MemeANTS on Solana Chain Surpasses $20 Million Market Cap in 24 Hours
币界网•2025/05/31 18:05
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$104,524.8
-0.30%

Ethereum
ETH
$2,541.08
-1.37%

Tether USDt
USDT
$1
+0.04%

XRP
XRP
$2.19
-0.62%

BNB
BNB
$657.52
-1.25%

Solana
SOL
$156.62
-2.36%

USDC
USDC
$0.9998
-0.01%

Dogecoin
DOGE
$0.1930
-3.58%

TRON
TRX
$0.2662
-1.48%

Cardano
ADA
$0.6864
-2.97%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now