The core PCE data released today is almost the same as expected, because the PPI data is good, so the core PCE (annual rate) value is the same as expected. Although there may not be any changes for the Federal Reserve, it will be helpful for investor sentiment. It depends on the sentiment of American investors after the opening of the US stock market. However, although the annual rate data of core PCE is stable, the monthly rate of core PCE is rising, which also indicates that inflation is still fluctuating. As I mentioned this afternoon, the data from these months will not be of much help, and the next interest rate cut by the Federal Reserve is probably in June or later. Labor, inflation, and the economy are the balance game of the Federal Reserve. Powell said two days ago that wage increases are no longer the main cause of inflation, so the labor market will not be too demanding. Unemployment rate and economic development are basically equal. Next week's earnings season, especially with MSTR's financial report, can be anticipated. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex