🇺🇸 CORE PCE INFLATION DROPS TODAY AT 8:30 AM ET
Previous: 0.2%
Expected: 0.3%
This is one of the most important inflation readings for markets, with the Federal Reserve closely watching core PCE when assessing inflationary pressure.
Here’s what we’re watching for #Bitcoin
0.2% or lower: Softer-than-expected inflation could support $BTC and broader risk assets by reducing pressure on the Fed to keep policy restrictive.
0.3%: In line with expectations. The market reaction could depend heavily on how the number compares with other recent economic data.
Above 0.3%: Hotter-than-expected inflation could pressure $BTC as markets potentially price a more restrictive Fed for longer.
Expect volatility around the release.
#BTC Price Analysis#
Previous: 0.2%
Expected: 0.3%
This is one of the most important inflation readings for markets, with the Federal Reserve closely watching core PCE when assessing inflationary pressure.
Here’s what we’re watching for #Bitcoin
0.2% or lower: Softer-than-expected inflation could support $BTC and broader risk assets by reducing pressure on the Fed to keep policy restrictive.
0.3%: In line with expectations. The market reaction could depend heavily on how the number compares with other recent economic data.
Above 0.3%: Hotter-than-expected inflation could pressure $BTC as markets potentially price a more restrictive Fed for longer.
Expect volatility around the release.
#BTC Price Analysis#
