PCE comes in hotter than expected

The Financial Exchange Show - A podcast by The Financial Exchange Network

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Chuck Zodda and Marc Fandetti react to the PCE report, the Fed's preferred measure of inflation, which rose 5.4% from a year earlier. Chuck and Marc make some predictions about the Fed funds rate. In these strange economic times where do you want to put your money? According to Fidelity, the number of 401k millionaires has shrunk. Interest rate concerns are pushing investors into dividend-paying stocks. Some of the world's top investors are betting the worst of the dollar rampage is over.