The United States released PCE inflation data today, which may affect market trends and the Trump administration
2026-09-30 18:21:29
CoinMeta data: The United States released PCE inflation data today. Economists expect overall inflation to be 3.7%, with the core PCE inflation rate expected to be 3.3% and a month-on-month increase of 0.3%. This data will determine whether the Federal Reserve will raise interest rates again in October. If the reading reaches 0.4% to 0.5%, it will strengthen the expectation of interest rate hikes and put pressure on Bitcoin and high-risk altcoin. Bitcoin was trading at around $84,000 on Wednesday morning, and most mainstream cryptocurrencies were under pressure. This data also poses a political test for U.S. President Trump.
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Source:Internet
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