BREAKING: April PCE inflation, the Fed's preferred inflation measure, FALLS to 2.1%, below expectations of 2.2%.
Core PCE inflation FALLS to 2.5%, in-line with expectations of 2.5%.
PCE inflation is now at its lowest level since September 2024.
All eyes are on the Fed.
— The Kobeissi Letter (@KobeissiLetter) May 30, 2025
🇺🇸 Morning Economic Data:
*PCE Price Index MoM: In Line
*PCE Price Index YoY: Beat 🟢
*Core PCE Price Index MoM: In Line
*Core PCE Price Index YoY: In Line
*Personal Spending: In Line
*Personal Income: Beat 🟢What will Jerome Powell do now? $SPY pic.twitter.com/FILXOTUmma
— Jesse Cohen (@JesseCohenInv) May 30, 2025
Still, no rate cuts in sight pic.twitter.com/sTBQphDdQE
— Limitless (@trylimitless) May 30, 2025
The bond market wants higher rates, the market wants lower ones.
It would be good for bonds, the stock market and the Fed if there were finally more certainty with regard to the completely erratic tariff policy.
— Lepus (@LepusNox) May 30, 2025
CORE PCE COMES IN AT 2.5% YoY IN LINE WITH EXPECTATIONS
LAST TIME WE HAD THIS NUMBER WAS SPRING OF 2021
It’s time to cut rates…but the Fed won’t care as long as they think tariffs can create more inflation
— amit (@amitisinvesting) May 30, 2025