May 2026 core CPI undershot forecasts at 0.2% MoM, lifting short-term Treasuries and easing Fed rate hike expectations. Bitcoin stabilized near $61,400.

The personal consumption expenditures price index was expected to show a 4.1% annual increase.

PCE inflation rose further in May, reinforcing bets the Fed hikes rates by October as Chair Kevin Warsh keeps policy tight to cool prices.

US consumer spending rose 0.7% in May as CPI hit 4.2%, a three-year high. Here's what the inflation-spending paradox means for crypto and risk assets.

May 2026 core CPI undershot forecasts at 0.2% MoM, lifting short-term Treasuries and easing Fed rate hike expectations. Bitcoin stabilized near $61,400.

The US 10-year Treasury yield dropped to 4.38% after softer-than-expected PCE inflation data, but strong spending keeps at least one Fed rate hike in play.

US inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. This development pushes the Federal Reserve…

Bitcoin's decline amid inflation concerns may signal increased market volatility and cautious monetary policy impacting broader economic stability.

US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table for September. Despite this, consumer…

PCE inflation hit 4.1% in May 2026, the highest in three years. Core PCE rose to 3.4% as Bitcoin tested $59K support amid growing rate hike expectations.