Core PCE Inflation SOARS Fed's 2%, Mandate Challenged!
Summary
Highlights
Core PCE Rises Above Fed's Mandate00:00:00
Core PCE, the Federal Reserve's preferred inflation gauge, reached its highest level since October 2023, printing at 3.4%. This figure is 70% above the Fed's 2% mandate and is moving in the wrong direction, making it difficult for the Fed to ignore.
Introducing the Radar Report00:00:24
The 'Radar Report' is a weekly live show every Thursday at 4:30 p.m. Wall Street time. It delves into the 'shadow data' that truly drives markets, covering topics such as inflation, Fed policy, oil, housing, credit risks, and liquidity. The report aims to provide unbiased analysis to help viewers understand market risks, opportunities, and future possibilities.
Connecting the Dots with Mark Malek00:00:55
Mark Malek, founder of Truth Bombs, hosts the 'Radar Report'. He emphasizes connecting the dots in the market before others catch on, offering real analysis without spin, narratives, or politics.
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