Core PCE remains sticky, rate cut expectations have to be pushed back again, and the liquidity turning point is nowhere in sight.

U.S. May core PCE price index year-over-year rate 3.4%, expected 3.40%, prior 3.30%. U.S. Q1 core PCE price index annualized quarter-over-quarter final rate 4.4%, expected 4.40%, prior 4.40%. U.S. May core PCE price index month-over-month rate 0.3%, expected 0.30%, prior revised from 0.20% to 0.3%.