📈#USCorePCEMay | Core PCE Inflation Rises to 2.7% — What Now for Crypto?

May’s U.S. Core PCE inflation (excluding food & energy) hit 2.7% YoY, above forecasts of 2.6% . Month-over-month, it rose 0.2%, again topping expectations .

🔍 **Why It’s Important:**

The Fed’s preferred inflation gauge, this reading suggests persistent price pressure.

Higher core inflation lowers chances of a July rate cut, likely postponing one to September or later .

Crypto Take:

Bitcoin ($BTC ) dipped briefly, then rebounded above $107K, showing resilience despite macro pressure .

Sticky inflation could curb risk appetite short-term, but BTC’s long-term narrative as a hedge stays strong.