Crypto traders watch out for personal consumption expenditures (PCE) inflation data for further cues as Bitcoin (BTC) price swoosh past $63,900. The U.S. Bureau of Economic Analysis will release the U.S. Federal Reserve’s (Fed) preferred inflation gauge PCE. The data is crucial because of the recent hotter-than-expected CPI, pulling Fed rate cuts off the table. Personal The post Wall Street Estimates on US Fed’s Preferred Inflation Gauge PCE, Bitcoin At Risk? appeared first on CoinGape .
