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The Motley Fool Money Half-Year Review
Motley Fool Money
The Fed's Expectations for Q2
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Odds are running right now at about 85% for another 25 basis increase next month after Chair Powell said his remarks over in Europe this week. The real GDP got revised to 2% annualized up from the 1.3 pace that they had originally forecasted. Consumers spending up 4.2% in the quarter revise from an increase of 3.8%. That's the strongest in about two years, although from that PCE number just today,. it's all that made data that's spending is moderating up 0.1% versus an increase of 0.6%.
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