BTSE Token

$BTSE

Markets are reacting favorably to signs of cooling inflation. This morning, the Commerce Department announced spending by US households decreased by 0.2% MoM, with PCE (Fed's current preferred gauge of inflation) rising 5% in December (vs. 5.5% in November). December Core PCE rose 4.4% (vs. 4.7% in November), growing at its slowest pace since October '21. $SPX and $NDAQ are trading 0.3% and 0.7% higher, while $QQQ is 0.8% higher...