Fed Meeting Primer and JMo Update

JP, a financial expert known for his engaging updates on market trends and wagers, dives into the upcoming Fed meeting and its potential impact on rates and cap pricing. He breaks down the Core PCE as a key inflation measure, presenting a lighter take on misinterpretations of inflation data. The conversation touches on the dedication of Olympic athletes, drawing parallels to economic commitment and societal expectations. Lastly, JP humorously updates listeners on his ongoing wager, leaving them entertained and informed.