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Markets & Mayhem @Mayhem4Markets on x 239.8K followers
Created: 2025-06-27 12:34:58 UTC
Core PCE comes in at XXX% vs an expectation of XXX% m/m. That would annualize to 2.4%, higher than what the Fed wants to see. Giving them cover to be "patient" at July's FOMC meeting.
I still see the first cut coming in September, justified by a Jackson Hole pivot by Powell.
XXXXXX engagements
Related Topics powell jackson hole fomc fed federal reserve inflation