The latest PCE report indicates a slight easing of inflation, with figures showing a 2.5% increase in January. However, consumer spending has unexpectedly pulled back, posing challenges for the Federal Reserve as it considers interest rate cuts.
Tracking over the time
02/28/2025 12:00:00 AM
Economy
198 views
neutral 🤔
Jeff Cox
02/28/2025 12:00:00 AM
The Federal Reserve Bank of Atlanta's GDPNow indicator suggests a negative 1.5% growth for Q1 2025, driven by weak consumer spending and exports.
Economy
198 views
Fear 😨
