Bank senior markets analyst Ipek Ozkardeskaya said stronger-than-expected U.S. PCE could prompt the Fed toward a more hawkish stance and reverse market optimism after Micron Technology’s earnings. She added that, with tech giants taking on more debt

2026-06-25

Bank senior markets analyst Ipek Ozkardeskaya said stronger-than-expected U.S. PCE could prompt the Fed toward a more hawkish stance and reverse market optimism after Micron Technology’s earnings. She added that, with tech giants taking on more debt to pursue AI, stronger PCE could reawaken concerns about rising borrowing costs.