Market Insight: GDP and PCE print unlikely to rush the Fed

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Published Jul 25, 2024

The US economy grew faster than expected in the second quarter, rising at a 2.8% annualized rate. Jeff Schulze, Head of Economic and Market Strategy at ClearBridge Investments says that not enough progress has occurred for the Federal Reserve to be more aggressive in its easing cycle.

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Category: World
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Market Insight: GDP and PCE print unlikely to rush the Fed | REUTERS

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