Die neuesten Markttrends

US core PCE rose 3.3% YoY in July, matching the prior reading and consensus, and 0.2% MoM. Q2 GDP growth held at 1.5% annualized. Inflation did not accelerate but remains above the Fed's 2% target, while slower growth may not warrant a policy shift. September hike odds edged up. At Jackson Hole on Friday, how Warsh weighs inflation, jobs and growth, plus his bar for hiking or holding, will guide markets. Without a clear framework, uncertainty may move the dollar, Treasurys, gold and BTC.