📉 Core PCE Data Released… Inflation Cools Down a Little!
The Core PCE — the Fed’s preferred inflation gauge — came in as follows:
• 2.8% year-on-year vs. 2.9% forecast
• 0.2% month-on-month — exactly in line with estimates
⚡️ Not a huge surprise, but it maintains the trend of slowing inflation
and gives high-risk assets like crypto and stocks some breathing room.
The overall trend: Inflation is easing… and pressure on the Fed is gradually lessening.
REMINDER:
🇺🇸 FED IS PUMPING MONEY INTO THE BANKING SYSTEM!
ZEC
358.43
-1.08%
CVC
0.0553
+17.91%
LUNC
0.00006725
+129.20%
