(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."
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"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 Hot Stocks News
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