Sign In

Chris Lehnes

Vice President - Asset Based Lending And Factoring at Live Oak Bank

Highlights

Aug 30 · linkedin

Fed’s preferred inflation gauge, the PCE index, was up 2.5% in July from a year ago, meeting economists’ expectations

https://lnkd.in/epJXPh6D

#inflation #monetarypolicy #ratecut

Aug 30 · linkedin

The Fed is likely to cut interest rates soon as its preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index, continues to show signs of cooling. https://lnkd.in/eChq4AjR

In recent months, inflation has remained modest, with the core PCE—excluding food and energy—staying stable around the Fed's 2% target. https://lnkd.in/eChq4AjR

This trend suggests that the central bank's efforts to control inflation have been successful, and a rate cut may be imminent to further support economic growth. https://lnkd.in/eChq4AjR

#ratecut #inflation #monetarypolicy #smallbusinesslending

Related Questions

Where did Chris earn his Bachelor of Arts in Economics and Business?
At which bank was Chris Vice President - Asset Based Lending And Factoring?
Which roles did Chris hold at Cit?
At which firms did Chris serve as Senior Vice President?
Chris Lehnes
Add to my network

Experience

Vice President - Asset Based Lending And Factoring at Live Oak Bank
Assistant Vice President Cross Selling at Cit

Education

River Dell Regional High School
Bachelor Of Arts In Economics, Business, Lafayette College

Location

New York, New York, United States