📊 #PCEMarketWatch | May PCE Report Recap 🧠💵
The latest US PCE (Personal Consumption Expenditures) inflation data is in:
🔸 Core PCE YoY: 2.8% (vs 2.7% est)
🔸 MoM: 0.2% – in line with expectations
🔸 Consumer spending cooled, but inflation remains sticky
💡 Why it matters for crypto:
Sticky inflation = higher-for-longer rates 🏦
➡️ Hawkish Fed = risk-off mood 😬
➡️ BTC & ETH may face short-term pressure 📉
📉 Watch for reactions across:
• DXY strength
• U.S. Treasury yields
📅 Next Fed meeting: June 12
Markets are now pricing in fewer rate cuts this year ⏳
Stay sharp. Volatility ahead. #BinanceSquare #Inflation #BTC #ETH
