PM Images What a week it was as Fed Chair Powell testified in front of the House Financial Service Panel and we got the latest CPI data. The latest CPI print came it at 3%, which is the lowest level since June of 2023, while Core CPI came in at 3.3%. Fed Chair Powell stuck with the same mantra and now that the updated CPI data is out, CME Group is projecting that there is an 88.1% chance the Fed pivots by lowering rates 25 bps at the September meeting. Unemployment is ticking higher and is now at 4.1%,  ...