#USCorePCEMay 2025 (year on year):

Result: 📉 2.6%

Estimated: 2.6%

Previous (April): 2.8%

📈 Core PCE monthly (m/m):

Result: ✅ 0.1%

Estimated: 0.1%

Previous (April): 0.2%

🔍 What does this mean?

Clear slowdown of underlying inflation in May.

Aligns with market expectations.

Reinforces bets on rate cuts by the Fed in September or October.

📉 Market reaction (post-release):

Treasury bonds: Yields fell slightly.

Dollar: Weakened against other currencies.

Stock market (S&P 500 / Nasdaq): Slight rise, as lower Core PCE suggests less pressure to keep rates high.