🚹 BREAKING: August PCE Inflation Falls to 2.2%, Core PCE Inflation Rises to 2.7%

Here’s what the numbers mean and what to expect going forward:👇

đŸ”č Headline PCE inflation fell to 2.2%, below the expected 2.3% 📉

đŸ”č Core PCE inflation (which excludes food and energy) rose to 2.7%, in line with expectations 📊

While headline inflation is trending down, core inflation remains elevated, signaling that underlying price pressures persist.

The question remains: Is the fight against inflation really over?

đŸ”č With the next Fed meeting in November, markets are pushing for a 50 basis point rate cut 📅

đŸ”č We believe the Fed didn’t need a 50 basis point cut in September and doesn't need another one going forward 🔧

This mixed data may keep the Fed cautious about further rate cuts, but the pressure is building. Stay tuned! #Inflation