PCE inflation
3 stories
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financeUS Q1 GDP Revised Down, Inflation Hits 3-Year High
US economy grew at 1.6% in Q1, down from 2.0% estimate. PCE inflation hit 3.8%, its highest since 2023. Consumer spending under pressure.
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financeGoolsbee Warns Against Rate Cuts as Inflation and Oil Prices Surge
Chicago Fed President Austan Goolsbee cautions against rate cuts as inflation hits 3.5% and oil surges past $100.
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cryptoBitcoin Slips Below Key Holder Cost Basis Ahead of $1.74B Options Expiry
Bitcoin trades under short-term holder cost basis as $1.74B in BTC options expire on Deribit with bearish sentiment.