Groundwork's Bilal Baydoun on June PCE: 'Chair Powell Should Stop Delaying Rate Cuts'
July 27, 2024
July 27, 2024
WASHINGTON, July 27 (TNSres) -- Groundwork Collaborative, a think tank and progressive advocacy group, issued the following statement on July 26, 2024:
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Today, the Personal Consumption Expenditures (PCE) index showed inflation ticked down to 2.5% year-over-year in June. Groundwork Collaborative's Director of Policy and Research Bilal Baydoun reacted with the following statement:
"This report makes it clear that Chair Powell should stop delaying ra . . .
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Today, the Personal Consumption Expenditures (PCE) index showed inflation ticked down to 2.5% year-over-year in June. Groundwork Collaborative's Director of Policy and Research Bilal Baydoun reacted with the following statement:
"This report makes it clear that Chair Powell should stop delaying ra . . .