The July PCE data has been released, and I can't laugh anymore. Isn't this just nakedly serving the purpose of maintaining economic stability?

Let's look at the data:

The core PCE annual rate in July was 2.6%, lower than expected, the monthly rate was 0.2% in line with expectations, and the monthly rate of expenditure was 0.5%, which doubled in line with expectations.

The annual rate of PCE in July was 2.5%, lower than expected, and the monthly rate of PCE was 0.2%, which was in line with expectations, with a small increase.

The monthly rate of personal income was 0.3%, which exceeded expectations.

The monthly rate of actual consumption personal expenditure was 0.4%, which was higher than expected and twice the previous value.

What do you get after reading this data?

The result is that through PCE, the US economy is now very healthy, PCE has been continuously controlled at 2.6%, inflation has been controlled, and the monthly rate is even under no pressure. Expenditure has increased, the demand side has been strengthened, residents' personal income has increased, and expenditure has doubled. What a healthy economy!

The predictions of several major institutions last night were completely "nonsense". I was slapped in the face. In the future, we can trust which institutions and the data before and after the interest rate cut. We can imagine it ourselves. The data will come as we like to praise the US economy!

A real "data master"! I bought a bag last year!