๐ US Core PCE Inflation rose 0.2% in August, right in line with expectations.
๐น Annual growth steady at 2.9% โ cooling, but still above the Fedโs 2% target.
๐ก What it means:
๐ Neutral-to-positive for markets.
๐ Fed has more room to cut rates without sparking inflation fears.
๐ Potential boost for risk assets & crypto momentum. ๐
Gainers today:
โ $NS +1.66% (0.14297)
โ $DYDX +1.72% (0.5797)
โ $TREE climbing with strong sentiment ๐ฑ
๐ The macro + crypto story is just beginning. Stay sharp.