PCE

2 briefs

power 2026-05-01

The US Economy Grew 2% While Consumers Ran Out of Cushion

GDP beat the shutdown slump. Business investment in AI is surging. Inflation hit a three-year high. Real wages are flat. The Fed is frozen. These are not contradictions. They describe the same economy from different floors.

decision 2026-04-30

Inflation Hits a 3-Year High. The Fed Cannot Cut. The Strait Is Still Closed.

The PCE gauge jumped to 3.5% in March as the Iran war pushed gas prices to record highs. The Fed is trapped: it cannot cut into rising inflation and cannot raise into a 2% GDP economy.