The Fed is telling the world

This week, the PCE data, the "Fed's preferred inflation indicator", cooled, making a 50 basis point rate cut in November possible.

However, Nick Timiraos of the "New Fed News Agency" told the market after the data was released that a rate cut does not guarantee a soft landing. If this is an article commissioned by the Fed, then it is a signal from the Fed to cut interest rates again. #美国二季度核心PCE符合预期 #美国8月核心PCE创4月以来新高 #美联储11月降息预期升温 $BTC