#USCorePCEMay #USCorePCEMay — Inflation is decreasing, markets are reacting

The core PCE price index — the Fed's preferred inflation measure — rose only 0.1% in May, below expectations. On a year-over-year basis: +2.6%, marking the slowest pace since March 2021.

💡 What this means:

– Inflation is decreasing

– The likelihood of rate cuts in September has increased

– Stocks and cryptocurrencies are showing bullish momentum

👀 What to watch next:

– Speeches from Fed officials today

– Consumer Price Index for June (around July 11)

– Market momentum for risk assets

Will the Fed finally change course, or continue to play tough? How are you trading this move? 👇

#bearbeer #CryptoMarkets #BinanceFeed #Write2Earn