Miner Company
New PCE And Unemployment Data Show The Fed Is On The Wrong Path
The Federal Reserve's October and December 2025 rate cuts were premature, given distorted data from the government shutdown and persistent inflation. Core PCE inflation accelerated to 3.0% in December, well above the Fed's 2.0% target, while unemployment remains low at 4.3%.
The Federal Reserve's October and December 2025 rate cuts were premature, given distorted data from the government shutdown and persistent inflation. Core PCE inflation accelerated to 3.0% in December, well above the Fed's 2.0% target, while unemployment remains low at 4.3%.