Core PCE just dropped to 3.0% YoY vs 3.3% expected ๐
Fed's favorite inflation gauge cooling faster than anticipated. This is the data Powell's been waiting for.
Market implications:
โข Rate cut odds just spiked
โข Risk-on flows incoming
โข $BTC and growth assets could rip
Disinflation narrative back on the menu. Watch how equities and crypto react at open.
Fed's favorite inflation gauge cooling faster than anticipated. This is the data Powell's been waiting for.
Market implications:
โข Rate cut odds just spiked
โข Risk-on flows incoming
โข $BTC and growth assets could rip
Disinflation narrative back on the menu. Watch how equities and crypto react at open.