Falling inflation
Inflation has finally dropped below 3% based on the latest PCE data - aka Fed’s inflation gauge. That’s good news for Fed and the market.
Under-control / falling inflation will likely raise the probability of the Fed cutting interest rates earlier.
Is Fed finally going to achieve their desired soft landing?
Under-control / falling inflation will likely raise the probability of the Fed cutting interest rates earlier.
Is Fed finally going to achieve their desired soft landing?
From YouTube
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你老味 : Any drop in inflation is deceptive. A packet of sugar sells for $15
OceansWave : Let’s just becareful.. premarket may look good for some.. but when market open anything can always happen just like yesterday..
Cow Moo-neyOP OceansWave: This is why I never ever predict whether the market will go up or down before it opens
iLEVES : Will inflation rebound after the Red Sea affects the supply chain
MoreOfTheSame iLEVES: Good point.