Inflation Holds Steady, Fed Policy Flexes

[bonk]

Recent data shows inflation steady at 2.5% annually, close to the Fed’s 2% target, according to blockchain-based Truflation. Fidelity’s Jurrien Timmer notes this gives the Federal Reserve room to move toward a 3.1% terminal rate, potentially paving the way for a December rate cut.

Consumer pain persists in groceries and insurance, but overall stability suggests less immediate pressure for tightening — a subtle boost for risk assets.

[Nahid Hossen]

Stable inflation gives Powell more room to pivot next quarter. 🧭

[EmTeam]

Markets love predictability — policy stability = risk-on mood. ️