đ Fed Might See Inflation Report as âCalm Before the Stormâ! â ïžđșđž
According to Fitch analyst Olu Sonola, the Federal Reserve may interpret the moderate PCE inflation data as a temporary breather đ â not a signal to pivot yet.
đŁïž "This report shows American consumers are still resilient," Sonola says.
đ What it means:
Unless we see a sharp drop in consumer spending or a surge in unemployment, the Fed will likely stay in âwait-and-watchâ mode đđ°ïž
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