September PCE Price Index Released: Up 2.8% YoY, in line with expectations but higher than the previous 2.7%. Core PCE YoY at 2.8%, matching expectations and slightly down from last month's 2.9%. With inflation data remaining elevated, will the Fed's rate cut pace change?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
RetroHodler91
· 23h ago
Inflation is still so sticky; the Federal Reserve won't loosen up that quickly.
View OriginalReply0
GasGasGasBro
· 12-05 19:08
With inflation being so sticky, how can the Federal Reserve dare to continue to sit back and cut interest rates?
View OriginalReply0
OnchainArchaeologist
· 12-05 18:53
The Fed is going to play dead again. Is 2.8% still considered high? What a joke, they should have been more aggressive long ago.
View OriginalReply0
MEVSandwichMaker
· 12-05 18:53
With inflation being this sticky, how could the Fed possibly cut rates quickly? This rally is probably over.
View OriginalReply0
LayerHopper
· 12-05 18:41
Inflation remains this sticky, so interest rate cuts will probably be delayed again.
View OriginalReply0
GrayscaleArbitrageur
· 12-05 18:40
Rate cuts are off the table again; the Fed is just baiting us.
September PCE Price Index Released: Up 2.8% YoY, in line with expectations but higher than the previous 2.7%. Core PCE YoY at 2.8%, matching expectations and slightly down from last month's 2.9%. With inflation data remaining elevated, will the Fed's rate cut pace change?