The August U.S. PCE inflation data has dropped in line with expectations, although it suggests that inflation remains sticky and way above the Fed’s 2% target. Bitcoin quickly rose on the back of the data release, but has already lost some of these gains. PCE Inflation Rises In Line With Expectations, Bitcoin Rises Bureau of

The post Breaking: U.S. PCE Inflation Rises To 2.7% YoY, Bitcoin Bounces appeared first on CoinGape.

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