Wu Blockchain (@WuBlockchain): QCP: The Core PCE index, the Fed's preferred inflation gauge, reported a softer-than-expected increase of 2.6% YoY (forecasted 2.7% YoY). This has inc…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
QCP: The Core PCE index, the Fed's preferred inflation gauge, reported a softer-than-expected increase of 2.6% YoY (forecasted 2.7% YoY). This has increased the market's anticipation of a potential 50bps cut at the next FOMC meeting, with probabilities now at 53% for 50bps versus…