Pascale’s Perspective

Cooling PCE Firms Up September Rate Cut, Bill Dudley Calls for Sooner   

Fed Telegraphs September Rate Cut During Heat of Election   

CPI Goes Negative! Powell Talks “Cool” Job Market. September Rate Cut?

Treasuries Rally as Data Points to Possible Jobs Market “Inflection”   

Employment and Inflation Data Point to Cooling Economy and Inflation, Focus On r* Neutral Rate

2024 Rate Cuts Back in Focus as Market Expectations say, “Yes” …Fed Speakers Say, “Wait and See”     

Treasuries Rally on Cool CPI/PPI, “Strong Auction Demand” – Fed Needs to See More

Cool PCE, Slowing Job Data Spurs Rate Cut Expectations, 10- year at 4.29%    

CPI Report Indicates Inflation is Cooling Down Again…Trend or Outlier?