WS #10703
Core PCE at 3.4% in May, highest since Oct 2023; Goolsbee says inflation too high; markets expect September rate hike. Micron becomes most traded US stock with $70B daily turnover, up 268% YTD, central to AI trade; UBS says memory has longer legs.
Inflation and Fed Policy
Core PCE at 3.4% in May, highest since Oct 2023; Goolsbee says inflation too high; markets expect September rate hike.
Micron becomes most traded US stock with $70B daily turnover, up 268% YTD, central to AI trade; UBS says memory has longer legs.