Core PCE inflation came in just as expected. It has been very tame for the last three months--but shouldn't think of them in isolation but as part of a noisy process where inflation was much higher before. Annual rates: 1 month: 2.2% 3 months: 1.7% 6 months: 2.9% 12 months: 2.7% pic.x.com/aC8vJYJWy1

My thanks to Becky Anderson for the interesting conversation today on economic developments, the outlook, and the latest set of interactions between President Trump and Federal Reserve Chair Powell. #economy #markets @CNN @cnni @Cambridge_Uni @QueensCam #cambridgechancellor pic.x.com/9ADCnNphtE

No respite for the US dollar as the widely-followed DXY index depreciates to its lowest level since early 2022. Today’s move brings the year-to-date drop to just over 10%. #economy #markets #dollar pic.x.com/uQUYYl2kTq

🇺🇸 JPMorgan has a new way of forecasting the stock market — and there’s a surprising finding - MarketWatch www.marketwatch.com/story/jpmorgan-has-a-new-way-of-forecasting-the-stock-market-and-theres-a-surprising-finding-41a5643e pic.x.com/hJLMvqKf4P