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🚨 U.S. Economic Data (Q2 Preliminary) Just Dropped!
Two key indicators just hit the tape:
🔹 Core PCE Price Index (QoQ, Annualized)
– Actual: 2.5%
– Forecast: 2.3%
– Previous: 3.5%
➡️ Inflation continues to cool — but still running a touch hot.
🔹 Real GDP Growth (QoQ, Annualized)
– Actual: 3.0%
– Forecast: 2.4%
– Previous: -0.5%
➡️ Massive rebound — growth is back with a bang.
📊 What it means:
The Fed’s next move just got more complicated. Inflation's easing, but not quite enough. Meanwhile, the economy is running hotter than expected.
⚠️ Markets may get choppy — stay sharp, stay ready.
#GDP #PCE #FOMC #FederalReserve #MarketUpdate #Macroeconomics #Inflation #InterestRates
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