#USCorePCEMay Urgent!!! ‼️❌️❌️❌️❌️
This might upset you but the core PCE index report came today is higher than expected!!!
what does that mean ?
Its a major red flag considering rate cuts.Core PCE report indicates that prices of goods excluding Food and Energy sectors are still rising that isnt suppose to happen.
This can delay rate cuts in the month of july as for tariff fear and now inflation fed is highly unlikely to cut rates till september.
Hold tight to a little to cash because market is very likely to face pressure for next upcomming months.Donot let your emotions exploit you. This is not a finectial advise but you should consider it before taking a bigger trade it can cause you a lot of emotional pain