Core PCE at 3.3 Percent and What It Means for Rate Cuts

The Fed's preferred inflation gauge just landed at 3.3 percent annualized — right on consensus — but the bond market rallied anyway. Lucas and Luna break down why a 'no surprise' number actually shifted expectations for rate cuts later this year. They drill into the 10-year yield's sharp drop to 4.45 percent, the steepening yield curve, and what Fed officials like Kashkari and Goolsbee are signaling about the inflation fight. Plus, how consumer-facing stocks are pricing in a different reality from what the macro data shows. A focused look at one number and the chain reaction it set off across markets. #CorePCE #InflationData #FederalReserve #BondMarket #RateCuts #10YearYield #YieldCurve #MacroEconomics #FedPolicy #MonetaryPolicy #EquityMarkets #ConsumerStocks #EconomicData #Kashkari #Goolsbee #FexingoBusiness #BusinessPodcast #MacroTuesdays Keep every episode free: buymeacoffee.com/fexingo