#USCorePCEMay #USCorePCEMay The favorite inflation indicator of the U.S. Federal Reserve! đŸ‡șđŸ‡žđŸ’”

The core Personal Consumption Expenditures data for May has been released - a key tool that the Fed monitors to determine interest rate trends 🏩 📉

Result: the numbers were in line with expectations (or you can request a live update if you wish)

What is the core PCE?

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

Importance of the indicator:

Increase = possible tightening of monetary policy

Decrease = possible loosening of policy

Markets are now watching the Fed's reaction... Will we see an interest rate cut soon?