Kenneth Hughes

Feb 14, 2024 | bnnbloomberg.ca | Kenneth Hughes |Nacha Cattan

(Bloomberg) -- Multiple people were struck by gunshots at the Kansas City Chiefs’ Super Bowl parade, the Kansas City Police Department said. Two armed people are in custody, police said. Fire Department Battalion Chief Michael Hopkins said eight to 10 people were injured but declined further comment, saying only that additional information will be released soon, according to the Associated Press. The shooting happened near Union Station, an entertainment center in the Missouri city.

Feb 14, 2024 | thinkadvisor.com | Kenneth Hughes

NewsFebruary 14, 2024 at 03:01 PMShare & PrintPersonal Consumption Expenditures are much more important than the Consumer Price Index at this time after today’s CPI came “back to bite” the Federal Reserve, DoubleLine Capital’s Jeffrey Gundlach told CNBC in an interview. PCE, which comes out Feb. 29, “cannot go up and have the Fed talking about cutting interest rates,” Gundlach said.

Feb 14, 2024 | fa-mag.com | Kenneth Hughes

Personal Consumption Expenditures are much more important than the Consumer Price Index at this time after today’s CPI came “back to bite” the Federal Reserve, DoubleLine Capital’s Jeffrey Gundlach told CNBC in an interview. PCE, which comes out Feb. 29, “cannot go up and have the Fed talking about cutting interest rates,” Gundlach said. The three-month annualized core CPI is coming up now and the trend may stick, he added, so the market can no longer look at it and take comfort.

Feb 13, 2024 | finance.yahoo.com | Kenneth Hughes

Kenneth HughesFebruary 13, 2024 at 4:10 PM·1 min read(Bloomberg) -- Personal Consumption Expenditures are much more important than the Consumer Price Index at this time after today’s CPI came “back to bite” the Federal Reserve, DoubleLine Capital’s Jeffrey Gundlach told CNBC in an interview.

Feb 13, 2024 | bloomberg.com | Kenneth Hughes

Personal Consumption Expenditures are much more important than the Consumer Price Index at this time after today’s CPI came “back to bite” the Federal Reserve, DoubleLine Capital’s Jeffrey Gundlach told CNBC in an interview. PCE, which comes out Feb. 29, “cannot go up and have the Fed talking about cutting interest rates,” Gundlach said. The three-month annualized core CPI is coming up now and the trend may stick, he added, so the market can no longer look at it and take comfort.