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ETH $2,472.98 -0.78%
BNB $690.87 -1.00%
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BCH $247.58 -1.15%
LINK $11.41 -0.84%
HYPE $84.29 +3.11%
AAVE $124.19 -1.53%
SUI $0.7274 -2.70%
XLM $0.1794 +0.14%
ZEC $855.50 +0.17%

Market Analysis: PCE inflation unexpectedly cools across the board, and the dollar faces selling pressure

2024-12-20 21:46:21

ChainCatcher news, according to Jinshi reports, the financial website Forexlive evaluates the U.S. PCE data: estimates based on the Consumer Price Index and other data indicate that for the 12 months ending in November, the PCE price index rose by 2.4% year-on-year, while the core PCE, excluding the more volatile food and energy categories, rose by 2.8% year-on-year.

This is an unexpectedly comprehensive cooling report, the dollar is being sold off, while bonds are rebounding.

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