#USCorePCEMay
#USCorePCEMay
The U.S. Core PCE (Personal Consumption Expenditures) data for May reveals slowing inflation, boosting hopes for a potential Fed rate cut later this year. Core PCE, which excludes food and energy, is a key inflation gauge for the Federal Reserve. A cooler reading signals that inflation is gradually moving towards the 2% target. This has brought a positive sentiment across markets, including crypto and stocks. Investors should watch how the Fed reacts in upcoming meetings. Lower inflation could fuel growth and risk-on appetite. Stay alert — this data could shape the next big market move.
#Inflation #FederalReserve #CryptoMarket