🔴🔴 BREAKING NEWS ALERT ALERT ALERT 🔴🔴
🔴🔴 Major Announcement Imminent!
In just 30 minutes, the United States will release the May PCE data, a pivotal inflation indicator closely watched by the FOMC. Early projections suggest that the forthcoming report might offer some respite to the current bear market with encouraging inflation data.
This round of forecasts predicts that the overall month-on-month PCE growth rate will remain unchanged from last month, a first in 23 years. Notably, the core PCE, which excludes volatile categories such as food and energy prices, is expected to show its lowest year-on-year growth rate since March 2021, when the core PCE price index initially exceeded the FOMC's 2% target.
These predictions, derived from unpublished data from the US Commerce Bureau, are more detailed and comprehensive than most institutional forecasts. Additionally, personal income and consumer expenditure data from the Commerce Bureau indicate month-on-month increases of 0.4% and 0.3%, respectively. Should these market predictions prove accurate, it will represent a significant milestone in the US's ongoing battle against inflation.
