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The June PCE price index, the Fed's preferred inflation measure, decelerated from prior months but remained above the 2% target, keeping the disinflation trend intact without clearing the bar for rapid easing. A cooler-but-elevated print supports gradual rate-cut pricing, which is modestly constructive for UST yields, the NASDAQ, and rate-sensitive risk assets including BTC, while limiting how far the dollar can fall. Watch the core PCE monthly run-rate and upcoming payrolls data to confirm whether markets can price additional Fed cuts into year-end.
As a Macro signal, watch whether it changes price action, volatility, or flows around GSPC, BTC, IXIC.
Original Source: Yahoo Finance
This page is market information analysis, not investment advice.
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