THE CLARITY ACT IS GAINING FINAL MOMENTUM
🇺🇸 House Financial Services Chairman French Hill just said the CLARITY Act has enough votes to become law.
Pass it NOW!
The Cleveland Fed's "median PCE" measure rose 0.29% in May, or 3.5% annualized. It was the third highest month-over-month rise in the last year.
The 12-month change was 2.8%, which was down from 3.1% in May 2025. At his confirmation hearing, Warsh cited an affinity for this type of gauge of underlying price changes.
The Dallas Fed's "trimmed mean" PCE was up 2.8% annualized in May, and those prices rose 2.4% over the previous 12 months.
As noted before, this measure trims more from the top than the bottom https://t.co/itcM20PjM6
An alternate measure from the Cleveland Fed that de-biases the "trimmed mean" was closer to 2.7% on a 12-month basis through April. https://t.co/2d3mcyCH1B
Core PCE was 0.32% in May, on the low side of expectations but still the fourth highest monthly print in the last 12 months (3.9% annualized)
The 12-month change, at 3.4%, is the highest reading since Oct. 2023. The 6-month annualized rate is above 4%.
🔥 BULLISH: Michael Saylor expects capital flowing into AI giants like OpenAI, Anthropic, and SpaceX to eventually rotate back into Bitcoin, supporting a recovery in $BTC.
Watch the full breakdown 👇
https://t.co/lsvAQI9MKj
@NickTimiraos Just like 1990, gas prices will further down below pre-war. Then everything will follow. Plus, trade war/tariff always cause deflation. This time will be same. It is coming.