#USCorePCEEasesTo3%InAugust
đ U.S. Core PCE Inflation Eases to 3.0%
đșđž U.S. core PCE inflation came in at 3.0% YoY in August, below the 3.3% consensus estimate.
⥠The softer reading reduces near-term inflation pressure, but inflation remains above the Fedâs 2% objective.
đ” For crypto, the key transmission is through rate expectations, Treasury yields, and the U.S. dollar, not the PCE figure alone.
đ Could softer inflation change expectations for the next Fed moves?
#Bitcoin #CryptoMarket #Inflation #Fed
đ U.S. Core PCE Inflation Eases to 3.0%
đșđž U.S. core PCE inflation came in at 3.0% YoY in August, below the 3.3% consensus estimate.
⥠The softer reading reduces near-term inflation pressure, but inflation remains above the Fedâs 2% objective.
đ” For crypto, the key transmission is through rate expectations, Treasury yields, and the U.S. dollar, not the PCE figure alone.
đ Could softer inflation change expectations for the next Fed moves?
#Bitcoin #CryptoMarket #Inflation #Fed
