The monthly US core PCE was at 0.3% in February 2024 which was still relatively high. Thus, the US Fed was right not to cut its rate in March 2024.
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Singapore Macro Strategist
- Eric Ho
- A pundit of the third realm, a sapient, unflappable and nonpareil homosapien, with monumental fortitude and tremendous tenacity, one who has been through the vicissitudes of life, and has mastered great dexterity and virtuosity to discern between verisimilitude and actual reality.
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