📊 #USCorePCEMay – Inflation Data Under the Microscope!
The Core Personal Consumption Expenditures (Core PCE) data for the United States for May showed:
🔹 Actual Result: 0.1%
🔹 Expected: 0.1%
🔹 Previous: 0.2%
🧠 This slowdown in core inflation boosts market hopes for a potential interest rate cut in the second half of 2025, increasing pressure on the U.S. Federal Reserve to change its hawkish tone.
💡 Markets are watching... and the dollar is calming... will we see an upward movement in high-risk assets?