🚨 JUST IN: U.S. INFLATION JUST GAVE MARKETS A BIG SIGNAL
Headline PCE came in at 3.4% YoY vs. 3.7% expected.
Core PCE came in at 3.0% vs. 3.3% expected.
Both July headline and core PCE readings were also revised LOWER by 30 bps.
That changes the Fed narrative.
Cooling inflation means less pressure to keep monetary policy restrictive for longer.
October rate-hike odds are falling again.
And markets are already watching what that could mean for liquidity.
Lower rate expectations can support risk appetite across stocks and crypto.
For Bitcoin and other risk assets, softer inflation is exactly the kind of macro signal traders want to see.
The key question now:
Does this become the start of a broader disinflation trend or is it just a temporary cooldown?
#Bitcoin #Crypto #Inflation #FederalReserve #StockMarket
Headline PCE came in at 3.4% YoY vs. 3.7% expected.
Core PCE came in at 3.0% vs. 3.3% expected.
Both July headline and core PCE readings were also revised LOWER by 30 bps.
That changes the Fed narrative.
Cooling inflation means less pressure to keep monetary policy restrictive for longer.
October rate-hike odds are falling again.
And markets are already watching what that could mean for liquidity.
Lower rate expectations can support risk appetite across stocks and crypto.
For Bitcoin and other risk assets, softer inflation is exactly the kind of macro signal traders want to see.
The key question now:
Does this become the start of a broader disinflation trend or is it just a temporary cooldown?
#Bitcoin #Crypto #Inflation #FederalReserve #StockMarket
