💰 The Fed's favorite inflation gauge just dropped. Here's what matters.
PCE came in at 2.8% YoY — slightly under the 2.9% forecast. Monthly print: +0.3%, in line with expectations. Core PCE (ex-food & energy) held at 3.1% — still above the Fed's 2% target.
$BTC
Translation: inflation is cooling, but not fast enough to force the Fed's hand on rate cuts.
$LINK
Markets are reading this as a "hold steady" signal. No panic, no pivot. That keeps risk assets — including crypto — in a wait-and-see zone until the next data drop on April 9.
Until then, the macro narrative stays the same: stubborn core inflation = patient Fed = no fresh liquidity injection anytime soon.
$XRP
Watch the next print closely. One soft core PCE reading could change everything.
#PCEMarketWatch #Inflation #Fed #Write2Earn #BinanceSquare
PCE came in at 2.8% YoY — slightly under the 2.9% forecast. Monthly print: +0.3%, in line with expectations. Core PCE (ex-food & energy) held at 3.1% — still above the Fed's 2% target.
$BTC
Translation: inflation is cooling, but not fast enough to force the Fed's hand on rate cuts.
$LINK
Markets are reading this as a "hold steady" signal. No panic, no pivot. That keeps risk assets — including crypto — in a wait-and-see zone until the next data drop on April 9.
Until then, the macro narrative stays the same: stubborn core inflation = patient Fed = no fresh liquidity injection anytime soon.
$XRP
Watch the next print closely. One soft core PCE reading could change everything.
#PCEMarketWatch #Inflation #Fed #Write2Earn #BinanceSquare
