en
Back to the list

Breaking: U.S. PCE Inflation Rises To 2.9% YoY, Bitcoin Falls

source-logo  coingape.com 14 h
image

The U.S. PCE inflation data have come in above expectations, signaling that inflation may be on the rise again. Bitcoin notably declined on the back of the data release, which strengthens the case for the Fed to hold interest rates steady for a while.

coingape.com