GDP, PCE Breakdown: What They Mean for Rate Cuts
Schwab Network · Schwab Network
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Show Notes
Michael Green and Ken Kim break down the latest economic data. Ken expects a better GDP reading next quarter, citing the government shutdown. Michael thinks the “core component” to watch is year-over-year growth. They also cover the latest PCE report and where they think inflation is going. Ken thinks there might be rate cuts in the back half of the year.
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