๐ข #PCEInfilationwatch Key Data for the Markets! ๐ข
The latest PCE inflation report is out, and traders are watching closely! ๐๐ฅ
Why does it matter?
๐น The Fedโs preferred inflation gaugeโPersonal Consumption Expenditures (PCE)โcan impact interest rate decisions.
๐น Lower inflation could mean rate cuts, boosting risk assets like crypto! ๐
๐น Higher inflation might delay cuts, leading to market volatility.
How is Bitcoin and the broader crypto market reacting? Stay tuned for updates! ๐๐ฐ