#USCorePCEMay
📊 US Core PCE – The Fed's Favorite Inflation Gauge!
🔥 The May Core PCE came in at 2.6% YoY, still above the Fed’s 2% target. What does this mean for markets?
👉 Rate cuts still on hold?
If July’s Core PCE (coming late August) drops below 2.5%, the Fed might start cutting rates by September!
💡 For Traders:
PCE is the Fed’s inflation thermometer.
Lower PCE = Rate cut odds up = BTC, ETH surge!
Higher PCE = Fed stays hawkish = Risk assets cool down!
📅 Key things to watch:
✔️ Core PCE release for July – late August
✔️ Powell’s response and tone
✔️ Market reaction – crypto usually moves faster than Wall Street!
🚀 Altcoins like $SOL, $ETH, $OP could explode if the Fed eases up 🔥
#CryptoNews #FedWatch #Inflation #PCE #Bitcoin #Altseason #MacroUpdate #FOMC