๐Ÿ“‰ Fed Might See Inflation Report as โ€œCalm Before the Stormโ€! โš ๏ธ๐Ÿ‡บ๐Ÿ‡ธ

According to Fitch analyst Olu Sonola, the Federal Reserve may interpret the moderate PCE inflation data as a temporary breather ๐ŸŒ€ โ€” not a signal to pivot yet.

๐Ÿ—ฃ๏ธ "This report shows American consumers are still resilient," Sonola says.

๐Ÿ” What it means:

Unless we see a sharp drop in consumer spending or a surge in unemployment, the Fed will likely stay in โ€œwait-and-watchโ€ mode ๐Ÿ“Š๐Ÿ•ฐ๏ธ

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