🇺🇸 US Core PCE hit 0.3% MoM
Matched expectations but up from last month's 0.2%
Not great, not terrible. Fed's still watching this closely for rate cut timing. Sticky inflation = higher for longer = risk-off pressure on speculative assets.
If this keeps printing hot, forget about aggressive easing. Macro backdrop matters for liquidity flows into crypto.
Matched expectations but up from last month's 0.2%
Not great, not terrible. Fed's still watching this closely for rate cut timing. Sticky inflation = higher for longer = risk-off pressure on speculative assets.
If this keeps printing hot, forget about aggressive easing. Macro backdrop matters for liquidity flows into crypto.