U.S. inflation data release #PCE
The latest Personal Consumption Expenditures (PCE) price index data has been released.
The core PCE index rose in line with expectations (about 3.3% year-over-year in recent readings), with a calm month-over-month change.
Although it remains above the Federal Reserve’s 2% target, the release does not appear to be a major upside surprise. The market will now assess the implications for Fed Chair Kevin Wirth and the interest-rate path.
What do you think about the data and the market’s likely reaction?
$BTC #BTC #bnb #ETHETFS #Ethereum $BNB
BTCUSDT
Perpetual
The latest Personal Consumption Expenditures (PCE) price index data has been released.
The core PCE index rose in line with expectations (about 3.3% year-over-year in recent readings), with a calm month-over-month change.
Although it remains above the Federal Reserve’s 2% target, the release does not appear to be a major upside surprise. The market will now assess the implications for Fed Chair Kevin Wirth and the interest-rate path.
What do you think about the data and the market’s likely reaction?
$BTC #BTC #bnb #ETHETFS #Ethereum $BNB
BTCUSDT
Perpetual
