@hhhhhttttt
🚨 February PCE data came in mostly as expected:
-PCE MoM: 0.3% vs 0.4% forecast
-PCE YoY: 2.5% as forecast
-Core PCE MoM: 0.3% as forecast
-Core PCE YoY: 2.5% as forecast
Powell responded saying this data is more along the lines of what the Fed wants to be seeing