#USCorePCEMay US Spending Gauge Slows Down!

🔥 Core PCE (Personal Consumption Expenditures) — which is the Federal Reserve's favorite inflation indicator in the United States — was somewhat weaker than expected in May.

🔍 Data Highlights:

👉 Core PCE increased by only 0.1% (month-over-month) in May, which is lower than the forecast of 0.2%.

👉 It increased by 2.6% on an annual basis, down from 2.8% in April.

📉 This sluggish inflation could send a message of policy easing to the Federal Reserve. The market is now increasingly pricing in the possibility of a rate cut in September.

💡 Insights for Traders:

👉 Weak Core PCE → Increases the likelihood of the Fed reducing interest rates.

👉 If interest rates are lowered → Pressure on risk assets, including stocks and crypto, may decrease and prices could rise.

📈 Bitcoin and other cryptos are now in a position worth watching — reflecting the Fed's potential policy changes.