📊 US Core PCE (May) Just Dropped – The Fed’s preferred inflation gauge 📉
✅ Actual: 0.1% (MoM)
✅ Expected: 0.1%
🟢 YoY: 2.6% (vs. 2.6% expected)
🔍 What it means:
Core PCE is holding steady, a potential sign that inflation is cooling — and the Fed might feel more comfortable considering rate cuts later this year.
👀 Market Reaction:
• 📉 DXY pulled back slightly
• 📈 BTC and ETH showing mild bullish momentum
• 🟢 Risk-on sentiment gaining traction
🔥 TL;DR: Inflation still cooling. Fed doves might be getting louder.
💬 What’s your strategy if rate cuts come sooner than expected?
