Latest / Markets with Megan: A Quick Financial Markets Update
Fed's Inflation Goals in Sight: PCE Inflation and Market Outlook | Episode 094 | 01-26-24
In today's segment, Megan Horneman, Chief Investment Officer, discusses the latest PCE inflation data. Megan breaks down the numbers, discussing the month-over-month growth of 0.2% and the year-over-year figure of 2.9%, just below the Fed's 3% target. She highlights the positive trend toward the Fed's inflation goal but suggests there could be potential volatility ahead, citing factors like developments in the Red Sea and robust economic growth. The market's response has been positive, with equity markets reflecting optimism. Next week's economic highlights include the FOMC meeting, January…
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