Fed’s Inflation Gauge Heats Up, Rate Cuts on Hold as Bitcoin and Stocks Slide
As a seasoned crypto investor with a keen understanding of the market dynamics and economic indicators, I find the recent hotter-than-expected PCE inflation data from the Federal Reserve disconcerting. The persistent inflation rates and the central bank’s cautious approach to rate cuts have significantly impacted various risk assets, including Bitcoin and equities. The Personal Consumption … Read more