🚨 Breaking Update:
The US Core PCE (YoY) for August came in at 2.9%, perfectly in line with expectations.
📊 Key Takeaways:
Inflation remains above the Fed’s 2% target but is showing controlled stability.
If it trends lower in coming months (towards 2.5% or below), it could strengthen the case for Fed rate cuts.
Stocks and crypto markets may view this as bullish, while the USD could face mild pressure.
Assets like Gold and Bitcoin often benefit when inflation cools and rate-cut expectations rise.
👉 In short, inflation is easing, but not fast enough. The next few months will be critical in shaping Fed policy.
Do you want me to give you a quick trade setup for EUR/USD and BTC/USDT based on this news?