Charts at the link.
...analysts expected headline PCE to be steady at +2.6% YoY in July and Core PCE - The Fed's favorite indicator - to rise from +2.8% to +2.9% YoY... and the numbers all came in right in line with expectations.
'As Expected' is the them of this morning's data with headline and Core PCE both matching expectations and staying in the same range they have been in for two years...
But but but Kramer said.....and so did Schumer.........
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