🚨 U.S. DATA JUST DROPPED 🇺🇸

📉 GDP (QoQ)

Prev: 4.4% → Forecast: 2.8% → Actual: 1.4%

Growth slowing harder than expected.

📈 PCE Inflation

Prev: 2.8% → Forecast: 2.8% → Actual: 2.9%

Inflation ticking back up.

⚠️ Takeaway:

Slowing growth + sticky inflation = worst mix for markets.

Rate cuts just got a lot more complicated.