People are watching the year-over-year core PCE inflation figure of 1.8 percent and that is not enough to change the debate over the Fed.
More Quotes from Tim Mazanec:
It was all one way. It was just a matter of momentum picking up after 8 a.m..Tim Mazanec
Come the Fed meetings around April, May, June next year, this may have an impact.
Tim Mazanec
Even though the data has been inflationary and indicative of a stronger economy, comments from the Fed suggest they're going to wait and see.
Tim Mazanec
We are getting a consistent view from the Fed now that they are somewhat worried about the risk of a higher inflation rate. That is going to cause more rate hikes to come and higher yields will help the dollar.
Tim Mazanec
We are seeing stronger and stronger employment numbers in the U.S.. That should lead into a strong number for payrolls.
Tim Mazanec
There's absolutely no reason to think why (the Bank of Canada) would not keep on hiking rates at least two more times.
Tim Mazanec
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Based on Topics: People QuotesBased on Keywords: pce
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