🇺🇸🔥 US inflation is lower than expected!
📊 PCE Inflation for August
• PCE: 3.4% YoY, lower than the forecast of 3.7%
• Core PCE: 3.0% YoY, lower than the forecast of 3.3%
🔥 The print came in below expectations → the market may see less pressure on the Fed to pause rate cuts
₿ Crypto catches a break!
If concerns about slowing inflation ease, risk assets like BTC could see improved sentiment.
⚠️ But Core PCE is still at 3.0%, above the Fed’s 2% target — we need to watch the next data closely.
👀 How do you think this news will affect BTC?
#PCE #bitcoin #crypto #Fed
📊 PCE Inflation for August
• PCE: 3.4% YoY, lower than the forecast of 3.7%
• Core PCE: 3.0% YoY, lower than the forecast of 3.3%
🔥 The print came in below expectations → the market may see less pressure on the Fed to pause rate cuts
₿ Crypto catches a break!
If concerns about slowing inflation ease, risk assets like BTC could see improved sentiment.
⚠️ But Core PCE is still at 3.0%, above the Fed’s 2% target — we need to watch the next data closely.
👀 How do you think this news will affect BTC?
#PCE #bitcoin #crypto #Fed
