🇺🇸 PCE INFLATION CAME IN HOT 📈
PCE inflation just came in at 3.7%, slightly above the 3.6% expected.
It’s only a 0.1% difference, but repeated higher readings can matter. 👀
If inflation stays high, the Fed could delay rate cuts for longer.
And that can put pressure on stocks and crypto. 📉
Too early to call it a trend — but the next inflation report will be important.
#PCE #Inflation #Fed #Crypto #Markets
PCE inflation just came in at 3.7%, slightly above the 3.6% expected.
It’s only a 0.1% difference, but repeated higher readings can matter. 👀
If inflation stays high, the Fed could delay rate cuts for longer.
And that can put pressure on stocks and crypto. 📉
Too early to call it a trend — but the next inflation report will be important.
#PCE #Inflation #Fed #Crypto #Markets
