🚨 BREAKING: August PCE Inflation Update! 📉
🔹 Headline PCE fell to 2.2% (vs. 2.3% expected) 📊
🔹 Core PCE (excludes food & energy) rose to 2.7%, matching expectations
While headline inflation is cooling, core inflation shows underlying price pressures persist. 💡
With the next Fed meeting in November, markets are eyeing a 50 bps rate cut—though we think it’s not needed yet! 🔧
Will the Fed hold steady or feel the pressure to cut? Stay tuned! 📅
