US GDP Growth Hits 3.4%, Beating Forecasts
Core PCE inflation eased year over year from the prior quarter, but September's monthly and annual readings showed prices still advancing.
Every Zipp story tagged #CorePCE, newest first.
Core PCE inflation eased year over year from the prior quarter, but September's monthly and annual readings showed prices still advancing.
The softer-than-expected reading adds to evidence of easing inflation, a key input for Federal Reserve policy and risk-asset markets.
Core PCE is the immediate market catalyst: the forecast matches the previous 3.3% reading, while the post outlines sharply different reactions above or below that level.
Digital assets are trying to decouple from a heavy US data week as the BOJ's 1.0% move, a freshly restructured FOMC framework, and a $126M unlock slate compete for trader attention.