๐ "Calm Before the Storm?" โ Fed Eyes Inflation Trends Cautiously โณโ ๏ธ
Fitch analyst Olu Sonola suggests the Fed may view the recent PCE inflation report as a temporary pause, not a turning point.
๐ฃ โAmerican consumers remain resilient,โ says Sonola.
๐ธ No rate cuts expected unless spending dips or job losses rise sharply.
๐ฎ Whatโs Next?
Markets could stay on edge as the Fed watches economic data for cracks in the consumer foundation.
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