๐ U.S. Economic Snapshot โ Q2 Preliminary Data
Two key economic indicators for Q2 have just been released, offering insight into the current state of the U.S. economy:
๐น Core PCE Price Index (QoQ, Annualized)
โ Actual: 2.5%
โ Forecast: 2.3%
โ Previous: 3.5%
โก๏ธ Inflation continues to cool, though it remains slightly above expectations.
๐น Real GDP Growth (QoQ, Annualized)
โ Actual: 3.0%
โ Forecast: 2.4%
โ Previous: -0.5%
โก๏ธ A robust recovery in economic growth, significantly surpassing projections.
These figures could play a pivotal role in shaping the Federal Reserveโs next policy decision and may impact overall market sentiment.
โ ๏ธ Stay alert โ market volatility may follow.