The data for core PCE has been released.

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Phyrex
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2 days ago

The core PCE data has been released, coming in slightly higher than market expectations. The February data is 2.8%, up from January's 2.6%. Inflation has seen a slight increase without the interference of substantial tariffs, and if the effects of tariffs are added, inflation may still struggle in the short term.

The consumer spending data shows a slight decrease in wage growth, but spending is increasing, indicating that the impact of inflation on daily life is intensifying. This is not a good sign.

The pinned tweet has clearly provided an answer regarding whether it is a reversal or a rebound. In the case of persistent inflation, unless there is an economic recession, the Federal Reserve will not have a strong willingness to cut interest rates, and Trump cannot change that.

Additionally, there is the University of Michigan data coming out tonight at 10 PM. Although there are some political elements involved, it is still worth understanding. Tomorrow is the weekend, and whether investors can enjoy it will depend on today's performance of American investors.

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

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