📊 US Core Inflation Holds at 2.9% – Market Impact
The latest US Core PCE Index — the Fed’s preferred inflation gauge — rose 0.2% MoM in August, keeping YoY at 2.9%, right on expectations. Inflation pressures are cooling but still above the Fed’s 2% target.
🔎 Implications
• Neutral to Positive Signal: Fed has room to extend rate cuts without major inflation risks.
• Investor Sentiment: Stable outlook supports risk-on assets, including equities and crypto.
• Liquidity Outlook: More easing = potential liquidity boost for markets.
🚀 Crypto Snapshot
• $NS → $0.1463 (+4.06%) – Strong upside push
• $DYDX → $0.5812 (+1.55%) – DeFi resilience
• $TREE → $0.2662 (+2.14%) – Gaining traction
🌐 What’s Next?
If the Fed continues easing, liquidity inflows could strengthen crypto markets. Positioning in high-potential tokens now could give investors the edge as macro tailwinds align.#BinanceHODLerXPL #SECxCFTCCryptoCollab #BinanceHODLerFF #PCEInflationWatch