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ETH $1,829.25 -3.05%
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ADA $0.1611 -2.05%
BCH $218.44 -2.14%
LINK $8.15 -3.71%
HYPE $60.64 -7.82%
AAVE $91.49 -2.93%
SUI $0.7357 -2.17%
XLM $0.1865 -2.60%
ZEC $544.94 -1.95%

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

2024-12-20 21:46:21
Collection

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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