BREAKING: US PCE came in at 2.8% and Core PCE at 2.8%

Expectations: 2.8% and 2.9%

This is another sign that inflation is cooling faster than the Fed expected.

With inflation falling and growth slowing, the Fed has no reason to keep rates high.

A rate cut next week is now almost fully locked in.

This is positive for markets, liquidity, and risk assets like BTC and ETH