Core PCE inflation came in at 2.8% year-over-year, exactly matching consensus expectations. This key inflation gauge continues to be closely watched by markets as it shapes Federal Reserve policy direction. For crypto traders, PCE data provides crucial signals on monetary policy trajectory and potential impacts on asset valuations. The on-target reading suggests moderate inflationary pressures without significant surprises.
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MaticHoleFiller
· 20h ago
2.8%, which is in line with expectations. It feels like recently, no data releases are going to cause a bomb anymore.
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NewDAOdreamer
· 20h ago
PCE remains stable at 2.8, and it seems the Federal Reserve won't make any sudden moves for now. Actually, it's pretty good for the crypto market?
Core PCE inflation came in at 2.8% year-over-year, exactly matching consensus expectations. This key inflation gauge continues to be closely watched by markets as it shapes Federal Reserve policy direction. For crypto traders, PCE data provides crucial signals on monetary policy trajectory and potential impacts on asset valuations. The on-target reading suggests moderate inflationary pressures without significant surprises.