Fed Rate Cut Odds as Consumers Keep Spending

With the Dow hitting 50,286 and core PCE still above the Fed's target, markets are pricing in rate cuts that the new Fed chair Kevin Warsh hasn't signaled. This episode looks at the disconnect between consumer spending and central bank caution. Lucas and Luna examine the April CPI print of 332.4, the ten-year breakeven inflation rate dropping to 2.39 percent, and what the bond vigilantes might force the Fed to do in July. They discuss why wage growth at 4.2 percent isn't translating to lower rates and how consumers are using credit to keep the economy humming. A specific, data-driven look at the tension between Wall Street's rate-cut hopes and Main Street's spending reality. #FederalReserve #KevinWarsh #InterestRates #Inflation #ConsumerSpending #Dow50000 #WageGrowth #CorePCE #BondVigilantes #RateCuts #Economy #Economics #FexingoBusiness #BusinessPodcast #WagesAndPrices #CPI #BreakevenInflation #JulyRateDecision Keep every episode free: buymeacoffee.com/fexingo