U.S. Core PCE Inflation Heats Up in June, Adding Another Variable to Fed's September Rate Cut Prospects
BlockBeats News, July 31st: The U.S. inflation data for June slightly exceeded expectations, adding another variable to the Fed's interest rate cut timeline. The Fed-favored core PCE price index rose by 0.3% month-on-month and 2.8% year-on-year, slightly higher than the market's forecast of 0.29% and 2.7%. The overall PCE index, which includes food and energy, rose by 0.3% month-on-month and 2.6% year-on-year, also surpassing market expectations of 0.23% and 2.5%.
This higher-than-expected inflation report has made the Fed's interest rate cut path more complex. Policymakers had previously emphasized the need to see more evidence of inflation consistently returning to the 2% target, and the latest data may delay this process. (FXStreet)
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Equation Founder: Today Increasing BTC Holdings as Long-Term Investment, Market in Overdue Panic
The mastermind of a money laundering case involving 60,000 BTC, Qian Zhimin, bought at an average price of 2815 CNY. Tomorrow, a hearing on the disposal of the frozen assets related to the case will be held.
DEX trading volume on the entire chain decreased by 21.6% compared to the previous week, amounting to $952.29 billion.
Trump recently purchased over $82 million in bonds related to industries benefiting from his policies
A whale sold 33,366 SOL, worth $4.71 million
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]