📊 #USCorePCE (May) Data Released!

The Core Personal Consumption Expenditures (PCE) Price Index — the Fed’s preferred inflation gauge — showed a cooling trend in May, offering hope for potential policy easing.

🔹 Core PCE (YoY): 2.6% ✅

🔹 Core PCE (MoM): 0.1% ✅

🔹 Inflation continues to moderate, marking progress toward the Fed’s 2% target.

💡 This data could strengthen the case for a rate cut later this year, boosting investor confidence and market sentiment.

📉 Cooler inflation = Lower pressure on the Fed

📈 Markets may react with optimism

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