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2025 › September › 22
PCE
10 months ago
The conventional wisdom is to watch the core PCE inflation report Friday, but Jay Woods believes the jobless claims report is the more important one for markets.
CNBC Daily Open: Hindsight could give the Fed a stern lesson on its rate cut ○
If the PCE report comes in higher than expected, investors might start worrying that the Fed's quarter-point cut last week was premature.
CNBC Daily Open: U.S. inflation report on Friday will tell if rate cut was a good idea ○
If the PCE report comes in higher than expected and investors might start worrying that the Fed's quarter-point cut last week was premature.
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