Core PCE inflation came in at 2.8% vs. 2.9% expected. This slight downside surprise signals cooling inflation, which could boost risk assets like #Bitcoin and #Crypto , as markets may price in a higher chance of Fed rate cuts.
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Core PCE inflation came in at 2.8% vs. 2.9% expected. This slight downside surprise signals cooling inflation, which could boost risk assets like #Bitcoin and #Crypto , as markets may price in a higher chance of Fed rate cuts.
$BTC