The latest Core PCE print for May just came in at 2.6% year-over-year, nudging slightly down from April’s 2.7%. On the surface, it looks like inflation is softening — but dig deeper, and the reality is more complex.
The Federal Reserve’s 2% inflation goal remains elusive. Even with a minor dip in core inflation, it's not enough to trigger confidence for a July rate cut. Markets were hoping for a clearer signal — instead, they got a cautious pause.
📉 BTC and stock markets are treading carefully. No breakout, no breakdown — just anticipation. Volatility is creeping in, and investors are sitting tight, watching every data point.
From Wall Street to Web3, the question echoes:
Is this slowdown real enough for the Fed to pivot, or will they stay the course until inflation cracks?
The market’s next move hinges on this answer.
Traders, brace yourselves — July could flip the script