The U.S. PCE inflation data, the Fed’s favorite inflation gauge, has come in lower than expectations. This data release comes just ahead of next week’s FOMC meeting, where the Fed is likely to hold rates steady. Meanwhile, Bitcoin extended its gains today on the back of this inflation data. PCE Inflation Falls To 2.8% In The post Breaking: U.S. PCE Inflation Cools to 2.8%, Lower Than Expected appeared first on CoinGape.

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