The July Core PCE report felt more important than dramatic.
- Core PCE: 3.3% YoY
- Third straight month at the same level
- Headline PCE: ~3.7%
- Fed target: 2%
Inflation isn’t accelerating, but it isn’t cooling enough either. That’s why the market is still debating whether rates stay higher for longer.
For me, the dollar and Treasury yields are the first charts to watch and I’ve been tracking them on BingX.
$ETH
- Core PCE: 3.3% YoY
- Third straight month at the same level
- Headline PCE: ~3.7%
- Fed target: 2%
Inflation isn’t accelerating, but it isn’t cooling enough either. That’s why the market is still debating whether rates stay higher for longer.
For me, the dollar and Treasury yields are the first charts to watch and I’ve been tracking them on BingX.
$ETH
