PCE data comes in slightly lower than expected; Bitcoin holds firm at $28K

2023-3-31 15:44

Quick Take U.S. Feb. Core PCE Price Index (MoM): 0.3%, [Est. 0.4%, Prev. 0.5%] U.S. Feb. Core PCE Price Index (YoY): 4.6%, [Est. 4.7%, Prev. 4.7%] U.S. Feb. Personal Spending (MoM): 0.2%, [Est. 0.3%, Prev. 2.0%] U.S. Feb. PCE Price Index (YoY): 5.0%, [Est. 5.1%, Prev. 5.3%] CryptoSlate reported that core inflation is one of the hardest metrics to bring down for central banks. But the U.S. data has come in lower than expected but still too hot for the feds liking; another rate hike is probable. This morning, Eurozone core inflation hit an all-time high of 5.7%. Bitcoin remains above $28,000 Core PCE Europe: (Source: Eurostat)

The post PCE data comes in slightly lower than expected; Bitcoin holds firm at $28K appeared first on CryptoSlate.

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Pace (PCE) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 PCE

pce bitcoin holds 28k expected firm data

Источник: cryptoslate.com

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