Latest / Markets with Megan: A Quick Financial Markets Update
Markets Push for Cuts, but Inflation Won’t Budge | S2 E070 | 08-29-25
Inflation continues to move in the wrong direction, complicating the Federal Reserve's September meeting decision despite market expectations for an interest rate cut. The latest core PCE data—the Fed's preferred inflation gauge—rose to 2.9% year-over-year in July, up from 2.8% in June, signaling persistent price pressures throughout the economy.
Breaking down the numbers reveals concerning trends beneath the surface. While headline PCE increased a modest 0.2% month-over-month as expected, the "super core" inflation measure (excluding both housing and energy) jumped dramatically to 3.3%…
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