US inflation data just dropped and the numbers look interesting.
Headline PCE landed at 2.8%, core PCE matched that at 2.8%. Both figures came in below expectations. Inflation's clearly losing steam, and economic growth is decelerating alongside it.
What does this mean? Rate cut probability for next week just went up. If it happens, we're looking at fresh liquidity flowing into markets. That could be the catalyst for a broader rally across risk assets.
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GasFeeNightmare
· 13h ago
Damn, it finally cooled down. Last week I was still considering whether to sell everything.
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Ramen_Until_Rich
· 13h ago
2.8% PCE, the probability of a rate cut has soared again. This time, they might really start easing.
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RektRecorder
· 13h ago
2.8% That number... wait, is a rate cut really coming? Why does it feel like all those previous hawkish statements were for nothing?
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SchroedingerMiner
· 13h ago
2.8 implemented, rate cut probability maxed out, is liquidity coming?
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MerkleTreeHugger
· 13h ago
The probability of a rate cut is rising. Feels like another round of hype is about to start?
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DegenWhisperer
· 13h ago
2.8%? Damn, is this data for real? Feels like retail investors are about to get screwed again.
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EntryPositionAnalyst
· 13h ago
2.8%? The rate cut is certain, we're about to take off.
US inflation data just dropped and the numbers look interesting.
Headline PCE landed at 2.8%, core PCE matched that at 2.8%. Both figures came in below expectations. Inflation's clearly losing steam, and economic growth is decelerating alongside it.
What does this mean? Rate cut probability for next week just went up. If it happens, we're looking at fresh liquidity flowing into markets. That could be the catalyst for a broader rally across risk assets.