Outlook for rate cuts could be in jeopardy if next week’s payrolls are stronger than expected.
PCE and PCE Core are both still significantly above the Fed's alleged 2% "target" which is too high as it is — inflation driven price increases are an enormous burden on US households. Cutting rates here runs a huge risk of stoking this inflation fire. pic.twitter.com/KV68bm36cw
— David Sommers (@dgsommersmkts) August 29, 2025
PCE 0.2% MoM, Exp. 0.2%
PCE 2.6% YoY, Exp. 2.6%PCE Core 0.3% MoM, Exp. 0.3%
PCE Core 2.9% YoY, Exp. 2.9%— zerohedge (@zerohedge) August 29, 2025
PCE is higher than last month and it will only continue to rise. So it doesn't matter if it's in line because the trend is upward. If Fed cared about inflation then they shouldn't cut next month.
— mol_lon (@mol_lon_tweet) August 29, 2025
Things were very slow when I was down there in August.
It’s getting harder and harder to keep the doors open.
Even in Miami pic.twitter.com/KCUjQtFprb
— QE Infinity (@StealthQE4) August 28, 2025