Markets bet on another 50bps Fed cut as PCE softens; DOW makes new ATH

The market is on fire, and there are talks of another 50 basis points rate cut by the Federal Reserve. A soft Core PCE index reading has everyone betting on it. The Core PCE, which the Fed loves to look at, came in at 2.6% year-over-year, slightly lower than the 2.7% forecast. So right now,

Source: Cryptopolitan