📢 U.S. Economic Data Update (Q2 Preliminary)
Two major indicators just released:
🔹 Core PCE Price Index (QoQ, Annualized)
– Actual: 2.5%
– Expected: 2.3%
– Previous: 3.5%
➡️ Inflation cooling, but still slightly above expectations.
🔹 Real GDP Growth (QoQ, Annualized)
– Actual: 3.0%
– Expected: 2.4%
– Previous: -0.5%
➡️ Strong rebound in economic growth, beating forecasts.
These numbers may influence the Fed's next move and overall market sentiment. Stay sharp — volatility might follow.