#USCorePCEMay

📊 #USCorePCEMay: Inflation Cools Slightly – Fed Still Cautious 🏦

The Core PCE Price Index—the Fed’s preferred gauge of inflation—rose 0.1% in May, below expectations and marking the slowest monthly increase since late 2023. On an annual basis, core inflation slowed to 2.6%, a sign that price pressures are gradually easing. 🔻

✅ Why It Matters:

This softer reading supports the case for potential rate cuts later this year. But with services inflation still sticky, the Fed remains cautious. Policymakers will likely wait for more consistent data before making a move.

📉 Markets are reacting positively, with treasury yields dipping and equity futures gaining on hopes of easing monetary policy ahead.

🔍 Eyes now turn to upcoming job and CPI data for further clues on the Fed’s path forward.#USCorePCEMay

$BTC

$ETH

$BNB #