🚨 🇺🇸 US PCE INFLATION CAME IN HOTTER THAN EXPECTED
Headline PCE:
📊 Expected: 3.6%
📊 Actual: 3.7%
Core PCE:
📊 Expected: 3.3%
📊 Actual: 3.3%
The headline number is slightly hotter than expected, keeping inflation above the Fed's 2% target.
That could keep higher-for-longer rate expectations alive — a potential headwind for risk assets, including Bitcoin.
The key question now:
Does sticky inflation change the Fed's path for September? 👀
$BTC $ETH
Headline PCE:
📊 Expected: 3.6%
📊 Actual: 3.7%
Core PCE:
📊 Expected: 3.3%
📊 Actual: 3.3%
The headline number is slightly hotter than expected, keeping inflation above the Fed's 2% target.
That could keep higher-for-longer rate expectations alive — a potential headwind for risk assets, including Bitcoin.
The key question now:
Does sticky inflation change the Fed's path for September? 👀
$BTC $ETH
