š„ PCE Inflation Slightly Hotter Than Expected
US PCE inflation came in at 3.7% vs. 3.6% expected. The monthly reading also rose 0.2% vs. 0.1% expected, while Core PCE stayed at 3.3%.
Itās just a small miss, but it matters because inflation is still well above the Fedās 2% target.
If the next few reports remain sticky, expectations for aggressive rate cuts could weaken ā creating pressure on BTC, altcoins and other risk assets.
ā ļø One report doesnāt confirm a trend. For now, Iām watching the next PCE/CPI print, Treasury yields and the dollar closely.$TUT $GIGGLE $BTC
#PCE #Inflation #Inflation #Bitcoin #Bitcoin #Crypto #Altcoins #Trading #Macro
US PCE inflation came in at 3.7% vs. 3.6% expected. The monthly reading also rose 0.2% vs. 0.1% expected, while Core PCE stayed at 3.3%.
Itās just a small miss, but it matters because inflation is still well above the Fedās 2% target.
If the next few reports remain sticky, expectations for aggressive rate cuts could weaken ā creating pressure on BTC, altcoins and other risk assets.
ā ļø One report doesnāt confirm a trend. For now, Iām watching the next PCE/CPI print, Treasury yields and the dollar closely.$TUT $GIGGLE $BTC
#PCE #Inflation #Inflation #Bitcoin #Bitcoin #Crypto #Altcoins #Trading #Macro
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