#USCorePCEMay 📊 May 2025 Core PCE Highlights
🧩 What it means
ImplicationInsightInflation “stickiness” Fed policy outlookHigher core inflation reduces the odds of a rate cut in July; earlier cuts may be postponed Economic contextRising tariffs may be pushing up service and goods prices; consumer spending and personal income actually declined (-0.1% and -0.4%)
🔍 Market reaction
Stocks: S&P 500 futures rose modestly, supported by other positive catalysts like rare-earth export news
Bonds: Treasury yields slipped