🚨 PCE DATA IS OUT 🚨
US PCE INFLATION REMAINS HOT 🔥
📊 Headline PCE: 3.7% YoY
📊 Core PCE: 3.3% YoY
📈 Monthly PCE: +0.2%
📈 Core PCE: +0.2%
The BIG point 👇
Inflation is still well above the Fed's 2% target.
⚠️ This can keep pressure on the Fed and reduce hopes for aggressive rate cuts.
Stocks & Crypto traders should watch:
🇺🇸 DXY
💵 Treasury Yields
📈 Nasdaq
₿ BTC
Inflation = still a major market risk.
What do you think?
📈 Bullish or 📉 Bearish for Crypto?
#PCE #Inflation #BTC #Fed #Nasdaq