📊 Feb Inflation Data: Fed’s Preferred Gauge Still Rising,

📊 Feb Inflation Data: Fed’s Preferred Gauge Still Rising, Consumer Spending Misses
🔺 Core PCE – the Fed’s preferred inflation measure – rose at a stubborn pace in February
📉 Meanwhile, consumer spending came in weaker than expected, signaling growing caution among households

💸 Rising financial concerns = cautious consumer behavior
📉 Stock index futures dropped further after the data
📉 Treasury yields stayed low

🔄 Swaps traders now expect 2 rate cuts this year, with the first in July

#PCE  #Inflation  #Fed  #interestrates 

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}📊 Feb Inflation Data: Fed’s Preferred Gauge Still Rising, Consumer Spending Misses

📊 Feb Inflation Data: Fed’s Preferred Gauge Still Rising, Consumer Spending Misses