Core Inflation at 3.3 Percent What the Fed Sees Now

On this episode of The Quarterly Review, Lucas and Luna dig into the April core PCE inflation reading of 3.3 percent, released today by the Bureau of Economic Analysis. They discuss why this number matters more than the headline CPI, how the Fed's preferred gauge signals stickiness in services inflation, and what it means for the timing of rate cuts. With the S&P 500 at 7,561 and the Dow above 50,600, the hosts explore whether markets have already priced in a 'higher for longer' rate environment. They also look at the divergence between consumer sentiment and actual spending data, and what corporate earnings calls are revealing about pricing power. A focused, data-driven conversation for anyone trying to understand where inflation really stands in mid-2026. #CorePCE #Inflation #FederalReserve #InterestRates #MonetaryPolicy #PersonalConsumptionExpenditures #ServicesInflation #BureauOfEconomicAnalysis #SP500 #DowJones #Nasdaq #Russell2000 #EconomicData #RateCuts #BusinessPodcast #FexingoBusiness #EarningsSeason #PricingPower Keep every episode free: buymeacoffee.com/fexingo