US PCE Inflation To Come In Hot, Bitcoin & Ethereum To Face Huge Liquidations
WikiBit 2024-08-30 02:44The U.S. Federal Reserves preferred gauge to measure inflation personal consumption expenditures (PC
The U.S. Federal Reserves preferred gauge to measure inflation personal consumption expenditures (PCE) is expected to come in slightly hot, as per US economists. This will likely cause the US FOMC to deliberate again on starting Fed rate cuts in September. Bitcoin and Ethereum prices will also witness further selling pressure if the PCE inflation comes in higher.
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