Today's focus is on the core PCE data.

CN
Phyrex
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7 hours ago

Today's focus is on the core PCE data, which is fairly acceptable and aligns with market expectations. The market is primarily looking at the annual core PCE data, which is also the most closely watched by the Federal Reserve. Whenever the Fed talks about inflation returning to 2%, they are referring to the core PCE.

So, before the issue of tariffs, discussing the decline in inflation was not a problem. However, now the market is more concerned that tariff issues might lead to rising inflation, making the current inflation's significance to the market limited.

What is certain is that as long as current inflation is on a downward trend, it is a good thing.

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX

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