#USCorePCEMay

The May U.S. Core PCE (Personal Consumption Expenditures) data, a key inflation gauge monitored by the Federal Reserve, showed a 0.2% month-over-month increase, in line with analyst expectations. On a year-over-year basis, inflation slowed slightly, signaling continued progress toward the Fed’s 2% target. This moderation in core inflation, excluding food and energy, suggests easing price pressures across services and goods. Markets reacted with cautious optimism, as the data could influence the Fed's upcoming rate decisions—potentially supporting a pause or eventual rate cut. #USCorePCEMay is seen as a pivotal indicator, shaping investor sentiment across equities, bonds, and the broader crypto market.