Tag: PCE

Higher Than Expected PCE Numbers Push Bitcoin Down

Month-on-month core Personal Consumption Expenditure rose 0.6% in Jan. 2023, higher than analysts’ 0.4% prediction and December’s 0.3% rise. The latest spending data affirmed...

Bitcoin Rallies as PCE Price Index Comes in Below Expectations

Bitcoin rose 1.5% as U.S. Core Personal Consumption Expenditure Price Index for Oct. 2022 came in 0.1% lower than analysts’ estimates of 0.3%. The...