๐จ #HEADLINE : ๐บ๐ธMORE ON THE US
๐บ๐ธ US INFLATION DROPS TO 1.21%.
โ๏ธ๐บ๐ธUSA โ INFLATION - PCE PRICE INDEX (Nov) m/m = +0.2% (expected +0.2% / prior +0.3%) y/y = +2.8% (expected +2.8% / prior +2.8%) core PCE = +2.8% y/y (expected +2.8% / prior +2.8%)
๐ Charles Scharf, the CEO of Wells Fargo with a market value of $233 billion, stated that there's a high chance of interest rates dropping further.