X @Easy

PPI came in VERY hot.Essentially meaning Inflation is rather high.This does not bode well for rate cuts happening.However, the FedWatch is still anticipating a rate cut in september at 94.5% chanceOctober, currently pricing in a 59% chance at a SECOND rate cut, 39% chance at it staying flat after September cut&& what is even WILDER is December is a 47.8% chance at a THIRD rate cut, with a 42.9% chance that it stays flat after a SECOND rate cut in October... ...