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PCE Increases Modestly in June

Discussion in 'Too Hot for Swamp Gas' started by ETGator1, Jul 26, 2024.

  1. ETGator1

    ETGator1 GC Hall of Fame

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    See post #91.
     
  2. l_boy

    l_boy 5500

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    cpi excluding housing has been below 2% for 2 years.
     
  3. antny1

    antny1 GC Hall of Fame

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    He's right! You'll see!...Book it!:D
     
  4. ETGator1

    ETGator1 GC Hall of Fame

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    Too bad we can't all live on the streets like in Los Angeles, San Francisco, Portland, and Seattle.
     
  5. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Know what would help lower housing costs? Lower interest rates.
     
    • Funny Funny x 1
  6. l_boy

    l_boy 5500

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    That is likely partially true and a bit ironic.
     
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  7. l_boy

    l_boy 5500

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    translation: I don’t understand any of this stuff and have no idea what it means.

    But please keep us current on your wife’s grocery shopping observations.
     
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  8. AzCatFan

    AzCatFan GC Hall of Fame

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    The FED is meeting today and tomorrow. Nobody is expecting them to make any changes. Most experts believe a rate cut is likely to come in Sept. Bank of America disagrees. They believe the cut won't come until December. All depends on what the numbers look like for July and August.
     
    • Agree Agree x 1
  9. ETGator1

    ETGator1 GC Hall of Fame

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    and gas
     
  10. ETGator1

    ETGator1 GC Hall of Fame

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    Powell comments are similar to June report. Left rate steady. 90% will be wrong come September too.