#PCEMarketWatch

📊🔥 #PCEMarketWatch

Data on the Personal Consumption Expenditures (PCE) index was released today, which is the Fed's preferred measure for tracking inflation.

High reading = likelihood of additional tightening in monetary policy.

Low reading = could prompt markets to anticipate interest rate cuts or a more dovish tone.

⚡️ Question:

How do you expect the PCE to reflect on the upcoming market movements?

Continued pressure on stocks and crypto 📉

Or a new rally with easing expectations 📈