Positive PCE data doesn't yet clear the way for a March rate cut, says Barclays' Michael Pond
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Barclays' Michael Pond discussed the recent positive PCE data and its implications for Federal Reserve rate decisions. Despite the data, a March rate cut is not anticipated.
January 31, 2025 | 7:30 pm
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Barclays' Michael Pond commented on the positive PCE data, indicating it doesn't clear the way for a March rate cut by the Federal Reserve.
Barclays is directly involved as Michael Pond, a representative, provided insights on the PCE data and its impact on potential Fed rate cuts. This suggests Barclays is actively analyzing economic indicators, but the news doesn't directly affect its stock price.
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