The PCE Price Index measures monthly price changes for goods and services in the US, serving as the Fed’s key inflation indicator. Stronger-than-expected data raise concerns about tighter monetary policy, which usually pressures bitcoin and risk assets. Weaker readings, by contrast, support crypto markets on hopes for a more dovish Fed.
Calendar Personal Consumption Expenditures - Price Index (MoM)
Personal Consumption Expenditures - Price Index (MoM)
History, bitcoin reaction and upcoming dates
How bitcoin, the S&P 500 and Nasdaq reacted
Percentage change from the start of the selected period.