PCE Data Shakes Up Crypto Markets: Here’s What You Should Know

The post PCE Data Shakes Up Crypto Markets: Here’s What You Should Know appeared first on Coinpedia Fintech News The release of the Personal Consumption Expenditures (PCE) data on Friday […]

The post PCE Data Shakes Up Crypto Markets: Here’s What You Should Know appeared first on Coinpedia Fintech News
The release of the Personal Consumption Expenditures (PCE) data on Friday night had a significant impact on the cryptocurrency market, causing a notable decline in prices. The PCE data is well-known for capturing inflation and reflecting changes in consumer behavior, making it a crucial factor in the Federal Reserve’s decision-making process for setting interest rates. …