🚨 BREAKING: PCE DATA OUT!
US PCE hits 2.8% and Core PCE 2.8%
Expectations were 2.8% / 2.9%
Key Takeaways:
Inflation is cooling faster than the Fed expected
Growth slowing → Fed has no reason to keep rates high
Rate cut next week now almost fully priced in
Markets reacting:
Liquidity set to surge
