US Inflation Rises Again, Can the Fed Stop the Crypto Bull Market? 🚀
- The latest economic data in the US makes the heart beat faster, Core PCE inflation rose to 2.8% in October. This makes the Fed dizzy!
- Imagine, all inflation indicators rose together for the first time since February 2022. Is this a sign that inflation will be a loyal friend?
- New tariffs from President-elect Donald Trump could make goods more expensive. Goldman Sachs said, this tariff could boost Core PCE to 0.9%.
- The Fed might be fierce again with high interest rates, which usually makes crypto nervous. However, the crypto market remains enthusiastic, the total capitalization has broken through $3.5 trillion again!
- Can pro-crypto and institutional investment beat the fierce Fed? Let's discuss in the comments column!