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橙子Joyce
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@大丽7613
大丽7613
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PCE inflation major positive catalyst delivered! Data at 3%, which is 0.3% lower than the expected 3.3%!

But here’s a question: August saw a big jump in oil prices, so inflation would have been hard to bring down. Trump had already anticipated it and directly adjusted the PCE calculation methodology!

As shown in the chart, the new PCE algorithm takes effect today. The prior figure of 3.3% was revised to 3%, and the overestimated components were adjusted directly.

Putting the controversy aside, the market moved ahead of the news—BTC is rising on this positive development.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.
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