#USCorePCEMay
USCorePCEMay:
📊 US Core PCE – May Snapshot
🔥 Core inflation surges to 2.7% YoY (vs 2.6% exp) 📈
Monthly rise of +0.2% — above forecasts
Headline PCE at +2.3% YoY, +0.1% MoM
Personal income down –0.4%; spending –0.1% 🚫
Markets eye Fed’s next move — rate cuts delayed?
✨ Highlights:
➡️ Inflation’s stickier than expected
➡️ Consumer pullback hints at cooling demand
➡️ All eyes on potential tariff spillovers
Why it matters:
Core PCE is the Fed’s go-to inflation gauge. A hotter read puts a pause on rate cuts and keeps markets on edge.
#economy #inflation #FedWatch
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