US Core PCE Rises 0.1% While Global Central Banks Maintain Hawkish Stance

US inflation cools with 0.1% Core PCE rise, yet robust AI investment and coordinated FX interventions suggest persistent global liquidity tightness.

Woofun AI notes that US June PCE data showed a 0.1% Core PCE increase and below-expectations GDP growth, though private demand remains strong. Global central banks maintain cautious or hawkish stances despite cooling US inflation, with Japan and South Korea reportedly intervening in currency markets to manage exchange rates.

Tech fundamentals remain robust as AWS revenue beats expectations and OpenAI lowers model prices, shifting AI competition toward cost efficiency.

Meanwhile, Apple's weak performance in China highlights consumer demand divergence. Market volatility may persist as global liquidity conditions tighten through coordinated monetary and exchange rate policies.