#USCorePCEMay Key Inflation Update
✅ May Core PCE rose 0.1% MoM, in line with expectations, and 2.6% YoY—unchanged from April .
📌 Why it matters:
This is the Fed’s preferred inflation measure—stability at ~2.6% supports their cautious stance.
Markets now see about a 70% chance of a September rate cut, with July still unlikely .
Gold dips, U.S. dollar consolidates, and equities edge higher ahead of this release.
🌍 Market Takeaway
🔹 Crypto & equities: Favorable for risk-assets—Bitcoin and tech stocks find buying interest.
🔹 Dollar & bonds: Dollar weakness continues; treasury yields remain steady.
🔹 Fed outlook: Powell’s cautious tone means inflation must soften more—first cuts likely in late Q3.
👇 How are you shifting positions post-PCE? Comment below!
