#USCorePCEMay
The May release of the U.S. Core PCE (Personal Consumption Expenditures) index, the Federal Reserve's preferred inflation gauge, showed a modest increase, signaling persistent but cooling inflationary pressures. Excluding food and energy, Core PCE rose by 0.2% month-over-month, aligning with market expectations. Year-over-year figures indicate a slow but steady path toward the Fed’s 2% target. Markets reacted positively, with both equities and crypto showing cautious optimism, as this data could influence upcoming interest rate decisions. A softer inflation print strengthens the case for a potential Fed pause or eventual cut, making #USCorePCEMay a key macro indicator shaping investor sentiment.