The Bureau of Economic Analysis (BEA) released its delayed Personal Income and Outlays report on Jan. 22, publishing October and November PCE inflation together. The print put headline PCE at 0.2% month over month in both months, with headline PCE at 2.7% year over year in October and 2.8% in November. Core PCE was also […]
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Gold and copper have moved higher even as the Federal Reserve continues to signal patience on rate cuts, a divergence that shows how markets tend to price liquidity conditions ahead of formal policy shifts rather than wait for confirmation from central banks. These metals are responding to changes in real yields, funding conditions, and forward […]
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