MacroAlf : - The Fed targets core PCE to be around 2%.

Alf

@MacroAlf

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Founder of The Macro Compass.
Former Head of $20bn Portfolio.

Bond Course: https://t.co/aVI7AQowuV
Institutional Research: ping Alfonso Peccatiello on BBG

calendar_today31-12-2020 21:36:42

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Alf

@MacroAlf

4 months ago

- The Fed targets core PCE to be around 2%.

- Core PCE is literally trending below 2%.

- Fed Funds are freaking 5.25%.

FinTwit be like:

“The Fed will make a huge mistake cutting rates”

Markets are about thinking forward, not backward.

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