$Marvell Tech(MRVL.US) Overall, it is more dovish than market expectations (favorable to risk assets):
* GDP below expectations: The economy has slowed down, increasing the possibility of future interest rate cuts.
* Core PCE monthly rate only 0.1% (expected 0.2%): This is the most positive signal tonight, indicating that core inflation pressure is milder than market expectations.
* PCE year-on-year 3.7%, Core PCE year-on-year 3.3%: Although still above the Fed's 2% target, at least it is not higher than market expectations
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