#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.