#PCE通胀创三年新高，符合预期但压力未减

Big trouble! PCE inflation has directly surged to a three-year high, and the market simply cannot catch a break😱

The latest PCE price data has surged again, hitting a new three-year high. The figures are fully in line with market expectations, but the pace of inflation decline has been completely interrupted.

Core prices remain stubbornly high, service sector consumption prices continue to be firm, and merely relying on falling goods prices cannot suppress the overall inflation level.

Although the data did not exceed expectations, the Fed's rate cut plan will only be postponed further, and accommodative policy is completely out of the picture in the short term.

U.S. Treasury yields are rising again, the dollar remains strong, and the liquidity tightening pressure in capital markets will only increase.

Risk in the crypto market is sharply increasing, risk aversion is heating up, high-positioned assets are prone to a round of correction, and short-term market conditions will become extremely volatile.