top of page
Search

November PCE Index Drives Expectations of Rate Cut in March

  • Ballestas Group
  • Dec 26, 2023
  • 1 min read

The November personal consumption expenditures (PCE) index data was released on Friday, which showed a 3.2% increase compared to the same period last year, while the downwardly revised October figure was 3.4%. The market had a subdued reaction, largely because the slowdown in inflation is already "built in" by other inflation measures. However, the data will be well received by the Fed and the market now estimates a 94% probability of a rate cut next March.



Recent Posts

See All

Comments

BACK TO TOP

ballestas-logo-blanco-1.png

Securities Offered Through Bolton Global Capital, Inc. Member FINRA, SIPC 

Advisory Services Offered Through
Bolton Global Asset Management, a SEC Registered Investment Advisor

Ballestas Group, Bolton Global Capital and Bolton Securities are not affiliated with BNY Mellon or Pershing, LLC.

State securities laws require that your Financial Representative be registered in the state in which you live.  For this listing, please refer to the Broker Check Link provided.

Check the background of your financial professional or our broker-dealers and registered investment advisor on FINRA's BrokerCheck. ​Bolton Global Capital, Bolton Global Asset Management and their financial professionals do not provide tax services. Copyright Bolton Global Capital, LLC, a registered broker-dealer.  For more information, visit https://finra.org or https://sipc.org.  Copyright Bolton Securities Corporation, d/b/a Bolton Global Asset Management and other trade names, a federally registered investment advisor.

 

Click on the following LINK for copies of the firms’ Form ADV, Client Relationship Summary, Brokerage and Advisory Accounts Fee and Conflicts Disclosure and other important disclosure information.

​

Ballestas Group © 2023. All Rights Reserved.

​

MB1/MBA0001d

bottom of page