🏛️ Is Inflation Still Too Hot for the Fed? Dr. Ed Yardeni examines core PCED vs. core CPI, and why the US economy can handle tighter policy. Despite elevated underlying inflation, growth remains remarkably resilient thanks to the AI capital-spending boom. ☑️ Core PCED estimated at 3.4–3.5% y/y ☑️ AI software inflation surging 25%+ ☑️ Hyperscalers’ capex heading toward $800B–$1T ☑️ Q3 GDP tracking 5.0% ☑️ Economy far less interest-rate sensitive than in past cycles Could the AI buildout and a higher neutral rate keep the expansion alive even as the Fed tightens further? 👉 Dive into the full analysis and see the data behind this resilience: 🔗 https://t.co/bByc90dMZa