SOTS 2nd Hour: PCE Breakdown, Retail's "Big 5", and an Exclusive w/the CEO of American Express 11/27/24
Squawk on the Street
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Intro
This chapter discusses the release of the Personal Consumption Expenditures (PCE) inflation data and the resulting mixed reactions in the market. It examines income and spending figures that surpassed expectations, while comparing current core inflation trends to historical data to evaluate economic health and market implications.
Transcript
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