TSX:AX.PR.E - Post by User
Post by
garyreinson Feb 28, 2024 10:03pm
93 Views
Post# 35905462
Since PCE is already expected to be hot
Since PCE is already expected to be hotBond sell off may have been baked in with the CPI that feeds into this calculation. I can see the scenario scrooge brought up- flush in the morning, rebound by end of day to get ahead of potentially bullish february data. It would make sene there was outsized hikes for repricing for the year ahead and wouldnt continue on a monthly basis, as last Jan it was 0.5%. Maybe we get another 0.5% and take a serious bath. Cant trust these numbers- all used as a casino to strip away our hard earned dollars!