PCE is out!



One-sentence summary: In terms of the rate cut path, it is a short-term positive (more of a sentiment boost than actual positive), while it continues to suppress rate cuts in the long term.

All data in the chart combined is generally strong, with GDP and monthly personal spending both running hot.

Maintain a bullish view on the dollar index and bearish view on non-dollar currencies.

Not much more to say—this is what it is, and that's the situation.

Personal opinion, for reference only! Not investment advice. #PCE数据
USIDX-0.23%
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GasUnderTheMoonlight
· 1h ago
Sentiment bullish ≠ wallet bullish, USD bulls are grinning.
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ReflectionsOnTheStreetCorner
· 1h ago
PCE data looks mild but is actually hot, rate cut expectations have been pushed back again.
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