PCE slightly higher than expected Core monthly rate+0.4% vs+0.3% exp Core annual rate+2.8% vs+2.70% exp Overall PCE+2.5% year-on-year vs+2.5% exp Personal income and expenditure data are good Personal income+0.8%, expected+0.4%. Last month+0.9% (revised to+0.7%) personal expenses+0.4%, expected+0.5%. Last month -0.2% (revised to -0.3%) The stock index and BTC fell slightly, but the yield of treasury bond also fell. There is a bit of contradiction between the two. Let's wait and see the opening of the regular stock market. Now maybe non professional investors only look at the headline "American inflation exceeds expectations", and other professional funds are priced at the opening. Personally, I don't think it is too bearish, because the previous expectation of 2.8 is also normal