#USCorePCEMay 📊 : A Critical Inflation Check!
The Core PCE Price Index—the Fed’s preferred inflation gauge—came in cooler than expected for May, signaling potential relief for markets.
🔹 Core PCE YoY: 📉 2.6% (vs. 2.8% previous)
🔹 Month-over-Month: ⬇️ 0.1%
🔹 Markets React: BTC and NASDAQ see bullish momentum as rate cut hopes strengthen!
This softer data increases chances of Fed easing later in the year, giving risk assets—including crypto—a potential tailwind.
🪙 #Bitcoin, #ETH, and high-beta alts are already showing upward price action. Is this the pivot everyone’s been waiting for?
What do you think—is this the green light for a crypto bull run?