Hey everyone, the US December PCE data (the Fed's favorite inflation gauge) is about to drop! Check out the past few months—core PCE annual rate has been hovering between 2.7%-2.8%: November: 2.8% October: 2.7% September: 2.8% August: 2.9% December forecast incoming! Right now, the market consensus is still at 2.8% YoY (Cleveland Fed model shows 2.84%), but heads up—the risk is leaning upward! Here’s why: December PPI rose 0.5% MoM (services got pricier + tariff pass-through). If this momentum carries over to PCE, the monthly rate could jump from 0.2% to 0.3%-0.4%, and the annual rate might edge close to 3.0%. If it really hits 3.0%, the market’s rate-cut fantasies might take another hit … The Fed might just stick with “wait and see.” What do you think the data will show: ✅ Steady (2.7%-2.9%) ⚠️ Slightly above expectations (close to 3.0%) Off the charts (≥3.0%) Drop your predictions in the comments and let’s see who gets it right