Hello, fellow rebel capital. So hope you're well. So we've got new inflation data out today.

The PCE report from the Bureau of Economic Analysis, I believe. And spoiler alert, it's down.

Less than expected. But I think what's even more important is what's happening month over

month. And then we have to see the details and determine how is this going to impact what the Fed is

doing. Because remember, the Fed says that they pay more attention to the PCE than they do the CPI.

And when you're looking at them, you know, their target

rate getting that down to 2% inflation, you've got to focus on where the PCE is. This is very important.

And then we're going to go into how markets are responding, the stock market, gold, Bitcoin,

and of course, interest rates in the bond market, which, as you guys know, I think is the most important.

So first and foremost, let's go over to CNBC. We're going to get a summary. And then we're going to go over to the Bureau of Economic Analysis website and go over some charts, some details.

And another thing that I'll share with you before we get going is this is the lowest inflation rate based on this

metric that we have seen going all the way back to the serva sickness. We tied it in September

of 2024. Now we're right back down and that's a level that we hadn't seen since I believe

February of 2021. But we're going to get into that in just a

moment. First, let's go over to the CNBC webpage. And by the way, for you diehard rebel capitalist

fans, I've got a very special surprise for you at the end of this video. Super, super cool. So if you're a

fan of the Rebel Capital's brand and the Rebel

Capital's channel, you're definitely going to want to stay tuned to the end of this video. All right,

so let's shoot over to CNBC. We've got inflation rate spiked, or excuse me, spiked,

inflation rate slipped a little bit different there to 2.1% in April, lower than

expected. This is the Fed's preferred gauge. So key talking points is the PCE personal consumption

expenditures. Now, when we get into this article, you'll see it's not just about what's happening

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