Incomes and spending surge in Oct.
The monthly data on Personal Consumption Expenditures (PCE) for October, rose 2.0% y/y, matching the 2.0% in September.
Read MoreThe monthly data on Personal Consumption Expenditures (PCE) for October, rose 2.0% y/y, matching the 2.0% in September.
Read MoreWednesday saw the markets surge after Jerome Powell softened his stance at a noon-time speech in New York City. His comments were interpreted as more dovish, citing that the economy…
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