PCE tomorrow. Expected 4.1%, last month 3.8%.


If it really exceeds, Warsh's first hawkish FOMC won't just be a scare.
The bond market is already pricing in two rate hikes. The dollar surged to its highest since November.
To be honest, what I care about more is core PCE. If core doesn't come down, it means it's not an oil price issue, but a more underlying inflation stickiness.
That is more important than anything else.
BTC is around 62k now. If PCE exceeds expectations, there might be another drop.
Better to have thought about it in advance than to be caught off guard.
BTC-4.66%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments