Core PCE Steadies, Existing Home Sales Higher, Japan Raises Rate to Historic Levels
Schwab Network · Schwab Network
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Show Notes
George Tsilis takes investors through a slew of economic data that hit markets Friday morning. On consumer sentiment, he notes a year-over-year decline, but a range in recent months shows stabilization. Core PCE and existing home sales both ticked higher, prints George Tsilis says are relevant for the Fed's interest rate cutting path. On the international front, the Bank of Japan raised interest rates to the highest level since 1995, something George believes U.S. investors should watch.
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