Will Cooler PCE Inflation Stop a September Rate Hike? | Fed Watch

This week on Fed Watch, ITR Economist and Speaker Connor Lokar examines what cooler PCE inflation could mean for the Federal Reserve’s September interest rate decision. He also explores July’s sharp home sales decline and why elevated Treasury yields and mortgage rates continue to squeeze rate-sensitive businesses. Which inflation measure should Fed policymakers trust when deciding whether to hold or hike rates? Share your perspective in the comments.