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Stock and crypto market participants globally are closely watching the US Personal Consumption Expenditures (PCE) inflation data, a preferred metric for the Fed’s interest rate decisions. With the US dollar index rising towards 98 on Friday, the upcoming release is critical as all assets including stocks, gold, Bitcoin are getting hammered amid rising market uncertainty. […]
Stock and crypto market participants globally are closely watching the US Personal Consumption Expenditures (PCE) inflation data, a preferred metric for the Fed’s interest rate decisions. With the US dollar index rising towards 98 on Friday, the upcoming release is critical as all assets including stocks, gold, Bitcoin are getting hammered amid rising market uncertainty.
The post US PCE Inflation Estimates by JPMorgan, BofA, & Other Wall Street Banks appeared first on CoinGape.
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