đš BREAKING: PCE Inflation Just Came in COOLER Than Expected đ
The latest U.S. PCE inflation report just dropped, and the numbers came in softer than forecast.
$U
Headline PCE (year-over-year): 3.4% vs. 3.7% expected
Core PCE (year-over-year): 3.0% vs. 3.3% expected
On top of that, both headline and core PCE for July were revised down by 30 basis points each. That's a meaningful downward adjustment, not just a one-month blip.
$YGG
So what does this actually tell us? Inflation is cooling more than economists anticipated. This takes some serious pressure off the Fed to keep rates higher for longer. đ„
And the market is already reacting. Odds of another rate hike in October are dropping once again. When rate expectations fall, liquidity tends to loosen up and risk appetite comes back to the table. That combination is generally a tailwind for both stocks and crypto. đ
$HEI
Of course, one report doesn't seal the deal. The Fed will want to see this trend continue before changing course. But for now, this is the kind of data that risk assets have been waiting for. đ
Please donât forget to like, follow, and share! đ©ž Thank you so much â€ïž
#AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020
The latest U.S. PCE inflation report just dropped, and the numbers came in softer than forecast.
$U
Headline PCE (year-over-year): 3.4% vs. 3.7% expected
Core PCE (year-over-year): 3.0% vs. 3.3% expected
On top of that, both headline and core PCE for July were revised down by 30 basis points each. That's a meaningful downward adjustment, not just a one-month blip.
$YGG
So what does this actually tell us? Inflation is cooling more than economists anticipated. This takes some serious pressure off the Fed to keep rates higher for longer. đ„
And the market is already reacting. Odds of another rate hike in October are dropping once again. When rate expectations fall, liquidity tends to loosen up and risk appetite comes back to the table. That combination is generally a tailwind for both stocks and crypto. đ
$HEI
Of course, one report doesn't seal the deal. The Fed will want to see this trend continue before changing course. But for now, this is the kind of data that risk assets have been waiting for. đ
Please donât forget to like, follow, and share! đ©ž Thank you so much â€ïž
#AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020
