#BinanceBlockchainWeek #💥 MARKET ALERT — BIG UPDATE!
🇺🇸 U.S. CORE PCE DATA JUST RELEASED
The newest Core PCE numbers are out, and they’ve instantly stirred up the markets:
YEAR-OVER-YEAR:
• Forecast: 2.9%
• Actual: 2.8% (Lower than expected)
MONTH-OVER-MONTH:
• Forecast: 0.2%
• Actual: 0.2% (Right on target)
A cooler YOY reading with a stable MoM figure is the perfect mix for traders — nothing overheated, nothing alarming. This supports the ongoing expectations of a potential Fed policy shift and boosts overall risk appetite in the market.
🔥 The next move depends on how quickly traders start pricing in earlier rate cuts.
With inflation easing, expect market volatility to rise sharply from here.
