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CoinGape 2024-02-29 13:41:09

Wall Street Estimates on US Fed’s Preferred Inflation Gauge PCE, Bitcoin At Risk?

Crypto traders watch out for personal consumption expenditures (PCE) inflation data for further cues as Bitcoin (BTC) price swoosh past $63,900. The U.S. Bureau of Economic Analysis will release the U.S. Federal Reserve’s (Fed) preferred inflation gauge PCE. The data is crucial because of the recent hotter-than-expected CPI, pulling Fed rate cuts off the table. Personal The post Wall Street Estimates on US Fed’s Preferred Inflation Gauge PCE, Bitcoin At Risk? appeared first on CoinGape .

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