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BITCOIN STEADIES AS SOFT PCE COOLS OCTOBER FED RATE HIKE BETS

links.tldrnewsletter.com3 min read

Summary from the TLDR Crypto newsletter

August PCE inflation came in softer than expected, with headline PCE up 0.3% month over month and 3.4% year over year, and core PCE up 0.2% month over month and 3% annually, reducing expectations for another Fed rate hike in October.