#USCorePCEMay
📊 US Core PCE Inflation Rises to 2.6% YoY in May 🇺🇸💵
🔥 A key moment for global markets and crypto!
The Core PCE — the Fed’s favorite inflation gauge — ticked up to 2.6% YoY in May (vs. 2.5% in April), while MoM held steady at +0.1%.
🔍 This signals inflation remains sticky, despite cooling pressures elsewhere.
💡 Why it matters for crypto:
🏦 Fed rate cuts may face delays — hawkish tone stays intact
📉 Risk-on assets like Bitcoin may remain under pressure short-term
🔄 But steady inflation = less uncertainty = long-term support for digital assets
📈 If Core PCE continues to cool later in summer, we might see a Fed pivot by September — keep your eyes on upcoming macro prints!