#USCorePCEMay

📊 #USCorePCEMay | The preferred inflation index of the U.S. Federal Reserve! 🇺🇸💵

Core PCE data for May has been released – a key tool monitored by the Federal Reserve to determine interest rate trends 🏦📉

🔹 Result: The figures came in line with expectations (or you can request a live update if you like)

🔹 What is Core PCE?

It is an inflation measure that excludes food and energy prices and shows how much prices paid by consumers have changed 📈

🔹 Importance of the index:

An increase = likelihood of tightening monetary policy

A decrease = likelihood of easing policy

📈 Markets are now watching the Federal Reserve's reaction… Will we see a rate cut soon?