(Reuters) - "People yesterday were a bit concerned about the PCE
deflator that is coming out this morning," said Doug Roberts,
chief investment strategist at Channel Capital Research in
Shrewsbury, New Jersey.
"Now they are realizing the Fed probably wouldn't have
moderated their statement if they thought the PCE was going to
come in somewhat ... massively different from what they
anticipated. Although it might not come out on target, probably
it will come in pretty close."
Read more at Reuters.com Bonds News
deflator that is coming out this morning," said Doug Roberts,
chief investment strategist at Channel Capital Research in
Shrewsbury, New Jersey.
"Now they are realizing the Fed probably wouldn't have
moderated their statement if they thought the PCE was going to
come in somewhat ... massively different from what they
anticipated. Although it might not come out on target, probably
it will come in pretty close."
Read more at Reuters.com Bonds News
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