🚨 DECEMBER RATE HIKE FEARS ARE RISING!
US PCE inflation hits 3.6%, while Core PCE climbs to 3.1% — both at 4-month highs. Meanwhile, Q3 GDP accelerates to 3.4%, beating the 3.2% forecast.
🔥 Strong growth + sticky inflation could put the Fed under pressure to keep rates high or even consider a December hike.
⚠️ A hike is NOT confirmed. CPI, PPI, and jobs data are still ahead.
If inflation keeps rising, BTC and crypto could face serious volatility! 👀
#FedWatch
US PCE inflation hits 3.6%, while Core PCE climbs to 3.1% — both at 4-month highs. Meanwhile, Q3 GDP accelerates to 3.4%, beating the 3.2% forecast.
🔥 Strong growth + sticky inflation could put the Fed under pressure to keep rates high or even consider a December hike.
⚠️ A hike is NOT confirmed. CPI, PPI, and jobs data are still ahead.
If inflation keeps rising, BTC and crypto could face serious volatility! 👀
#FedWatch
