Tonight's PCE. Expected 4.1%, last month 3.8%.


If it really exceeds, Warsh's first FOMC hawkishness is not just a scare.
The bond market is already pricing in two rate hikes. The dollar surged to its highest since last November.
To be honest, I care more about core PCE. If core doesn't come down, it means it's not an oil price issue, but deeper inflation stickiness.
That is more important than anything else.
BTC is around 62 now. If PCE exceeds expectations, there may be another wave down.
Thought about it in advance. Better than panicking when the time comes.
BTC-0.28%
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FloatingTeacup
· 06-25 17:13
The bond market is pricing in two rate hikes? Then BTC at 60k may not be the bottom yet.
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LatencyMonk
· 06-25 16:33
At the 62k level, if it breaks, the next support looks at 58. Thinking about stop loss in advance is better than anything else.
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RugpullTaster
· 06-25 16:28
If core PCE really sticks, the Fed basically has no chance of cutting rates in the second half of the year, and risk assets will continue to face pressure.
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PaperfoldDao
· 06-25 15:20
Fluctuations in oil prices can be tolerated, but the wage-rent spiral is terrifying. Keep an eye on the core sub-items tonight.
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TransparentGlassFeather
· 06-25 14:39
When Warsh turned hawkish, the market didn't take it seriously. Now the data is about to prove it wrong.
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