DECEMBER RATE HIKE FEARS ARE HEATING UP!
US inflation is flashing warning signs.
PCE: 3.6% — 4-month high
Core PCE: 3.1% — 4-month high
Q3 GDP: 3.4% vs. 3.2% expected
Strong growth. Rising inflation. The Fed could face pressure to HIKE RATES!
Nothing is confirmed yet. CPI, PPI, and jobs data are still ahead.
If inflation stays hot, a December hike could enter the conversation.
CRYPTO MARKETS, WATCH OUT!
US inflation is flashing warning signs.
PCE: 3.6% — 4-month high
Core PCE: 3.1% — 4-month high
Q3 GDP: 3.4% vs. 3.2% expected
Strong growth. Rising inflation. The Fed could face pressure to HIKE RATES!
Nothing is confirmed yet. CPI, PPI, and jobs data are still ahead.
If inflation stays hot, a December hike could enter the conversation.
CRYPTO MARKETS, WATCH OUT!
