Truth Social draws attention as inflation projections rise to 3.3%

The Federal Reserve’s latest Summary of Economic Projections shows core PCE inflation projected at 3.3% for 2026 and 2.5% for 2027.

The numbers tell a stubborn story

April 2026’s core PCE reading came in at 3.3% year-over-year, released on May 28. That was a tick higher than March’s 3.2% figure.

Headline PCE, which includes food and energy categories, was running around 3.8% in April.

For context, core PCE was hovering near 2.8% at the start of 2024. The move to 3.3% represents a reversal that complicates assumptions about rate cuts, consumer spending, and portfolio positioning.

Trump’s platform as economic megaphone

In June 2026, following a strong jobs report, Trump posted on Truth Social to counter rising inflation fears.

What this means for crypto and broader markets

Bitcoin prices held above $62,500 in reaction to one of Trump’s Truth Social posts.

The gap between the current 3.3% core PCE reading and the Fed’s 2% target represents roughly 130 basis points of work that needs to happen through either tighter policy, slower demand, or some combination.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.