Fast and Furious Rate Cuts Aren't Needed, Bory Says
Bloomberg Televisionยท2025-08-29 19:13
I want to start with this morning's PC figure. Of course, coming in, being in line with expectations on pretty much every single measure. What do you make of a print such as that where there were no surprises at all when you're thinking about how the Fed is actually going to proceed next month.So with everything that we're dealing with this year, a number that comes as expected is actually not a bad thing. We're hoping for a quiet day, so it comes in as expected. To your point, it is above the 2% inflation ...