There is plenty of scope for the Fed to continue easing, says PGIM’s Tom Porcelli
Matthew Miskin, co-chief investment strategist at John Hancock Investment Management; Tom Porcelli, chief U.S. economist at ...
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As inflation slows, Fed could get 'comfortable' just nearing target
PGIM Fixed Income chief US economist Tom Porcelli joins Morning Brief to react to the CPI print and what the inflation data may signify. Porcelli believes the recent report signals inflation will ...
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Stock market has done something it's never done before... after key jobs report
Tom Porcelli, chief US economist at PGIM fixed income, told Bloomberg TV on Friday: 'This is a kind of number that will support the Fed cutting rates in December.' He added that two or three more ...
As inflation slows, Fed could get 'comfortable' just nearing target
Fresh inflation data in the form of December's Consumer Price Index (CPI) showed prices to have risen by 0.4% monthly and 2.9 ...