#USCorePCEMay

๐Ÿ“Š #USCorePCEMay โ€“ Inflation Update That Moves Markets ๐Ÿ”ฅ

Core PCE inflation for May just landed at 2.7% YoY, slightly hotter than expected ๐Ÿ”ฅ โ€” the Fedโ€™s favorite inflation gauge isnโ€™t cooling as fast as bulls hoped. Meanwhile, personal income dropped 0.4%, and consumer spending slipped 0.1%. ๐ŸงŠ๐Ÿ“‰

This combo of sticky inflation and soft demand means the Fed might pause longer before cutting rates ๐Ÿ˜ฌ๐Ÿ’ฌ

Risk assets (yes, including crypto) should prepare for more volatility ahead!

Will this data delay the rate cut cycle โ€” or is it already priced in? ๐Ÿ‘€

Letโ€™s talk strategy ๐Ÿ”„

Trade smart with Binance:

๐Ÿ”— https://www.binance.com/activity/referral-entry/CPA?ref=CPA_00ZNJO65PD

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