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Muhammad Usman 555
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#PCEInflationWatch The current scenario of PCE (Personal Consumption Expenditures) inflation is indicating a moderate rise in prices. As of November 2024, the PCE price index has increased by 2.4% from the previous year, while the core PCE price index, which excludes food and energy prices, has risen by 2.8% ¹ ². Breaking down the numbers further, we can see that the median PCE inflation rate, which is a better indicator of the underlying inflation trend, has been relatively stable, ranging from 2.8% to 3.3% over the past few months ³. In terms of the overall inflation scenario, Japan's inflation rate has climbed to 2.9% in November 2024, driven by increases in food, electricity, and gas prices ⁴. However, it's essential to note that the inflation scenario can vary across different regions and economies. To get a better sense of the inflation trend, let's look at some key statistics:
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###PCEInflationWatch
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#XRPETFIncoming? Huge XRP News Alert! 🚀 🔥 Hold on tight, XRP enthusiasts! The New York Stock Exchange (NYSE) Arca has officially filed a 19b-4 with the SEC to convert Grayscale's XRP Trust into a spot ETF! This could be a game-changer! 🔥 Imagine the ripple effects of this move—joining forces with other asset managers like Bitwise, Canary Capital, 21Shares, WisdomTree, and CoinShares. The potential approval could spark a massive rally for XRP, making it a major milestone in the crypto market! 📈 Get ready to ride the wave, as XRP could be heading towards unprecedented heights! 📈 🌐 Stay tuned for more updates and keep your eyes on the market. It’s time to be bullish on XRP! 🌐
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