AI TRENDS | Swissquote Analyst Ipek Ozkardeskaya Says Strong PCE Data Could Boost Fed Hawkish Shift

A Swissquote Bank senior market analyst said stronger-than-expected PCE data could encourage the U.S. Federal Reserve to turn more hawkish and reverse market optimism that followed Micron Technology’s earnings report. According to Odaily, Ipek Ozkardeskaya said such an outcome could also revive concerns about rising borrowing costs as major technology companies continue to increase debt to pursue their artificial intelligence ambitions.