Rebel Capitalist News New INFLATION Data Just Released...Does It Reveal The Fed's Next Move?
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Sep 29, 2025 George Gammon dives into the latest PCE inflation data and its implications for the Federal Reserve. He reveals how strong new home sales may actually hide significant price cuts. The discussion highlights the conflicting labor market signals and the importance of upcoming reports like JOLTS and ADP. With a keen focus on nonfarm payrolls, he assesses how these factors could influence Fed policy. Additionally, Gammon examines market expectations around rate cuts and what bond yields indicate about future Fed actions.
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PCE Came In As Expected
- The PCE inflation print came in roughly as expected and didn't shock markets.
- That outcome pulls focus back to other data like GDP and initial claims when predicting Fed moves.
Housing Sales Mask Deep Discounts
- George points to housing sales that look strong on the surface but rely on interest-rate buy-downs and large price cuts.
- He advises checking builder websites (e.g., Lennar in Houston, Tampa) to see $50k–$75k price drops in listings.
Initial Claims Muddy The Labor Picture
- Initial jobless claims unexpectedly improved to 218k, contradicting earlier weak payrolls.
- That stronger claims trend complicates the Fed's trade-off between labor-market risk and inflation risk.