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home / news releases / FTDS - Focus On PCE Over CPI

FTDS - Focus On PCE Over CPI

FIRST TRUST EXCH
  • Stocks tumbled yesterday over concerns about this morning's CPI print.
  • Prices are likely to remain elevated due to food and fuel, but we should see relief in some categories.
  • Regardless, the Fed focuses on the PCE, which has a lower weighting in shelter and higher weighting in healthcare.
  • This is why core PCE fell to 4.9% last month, while the core CPI is at 6.2%.
  • The PCE is what will dictate the Fed's monetary policy.

For further details see:

Focus On PCE Over CPI
Stock Information
Company Name: FIRST TRUST EXCH
Stock Symbol: FTDS
Market: NASDAQ
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