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CIO sees Fed keeping rates 'on hold' after 'troubling' core PCE data

By Yahoo! Finance   |   2 weeks ago
CIO sees Fed keeping rates 'on hold' after 'troubling' core PCE data

U.S. stocks dropped as core personal consumption expenditures price index exceeded expectations, fueling inflation concerns amid escalating tariffs by the Trump administration. Analysts predict the Fed may pause until 2025 due to uncertainty surrounding tariff impacts.

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