#PCEMarketWatch
Current global sentiment:
⚠️ Light risk
This means:
Strong dollar
Weak stocks
Crypto still resilient but vulnerable to volatility
✅ The Fed's preferred inflation data has just come out: PCE (Personal Consumption Expenditures).
📊 Latest figures:
• PCE YoY: ~2.8%
• Core PCE YoY: ~3.1%
Still above the 2% target.
What does this mean?
1️⃣ The possibility of a rapid rate cut is becoming increasingly unlikely
2️⃣ tends to remain strong
3️⃣ Risky assets like crypto and stocks may be more volatile
Why is PCE important?
Because it is the inflation indicator most closely watched by when determining interest rate policy.
📌 Market conclusion:
Inflation has not yet decreased sufficiently, but it has also not worsened.
The market is now in the phase:
WAIT & SEE