The focus today is on the data of core PCE, which is still acceptable and in line with market expectations. The market mainly looks at the annual core PCE data, which is also the data that the Federal Reserve is most concerned about. Every time the Federal Reserve says that inflation returns to 2%, it is referring to the core PCE. So before the issue of tariffs arises, it is not a problem to say that the decline in inflation is not a problem. Of course, the market is more concerned that the issue of tariffs may lead to an increase in inflation, so the significance of current inflation to the market is limited. However, it is certain that as long as the current inflation can continue to decline, it is a good thing. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex