The U.S. Bureau of Economic Analysis announced the U.S. Federal Reserve’s (Fed) preferred inflation gauge PCE data for January. The PCE in the US went up 0.3% month-over-month in January, the most in four months, following a 0.2% rise in December. Also, the monthly core index, which excludes food and energy, rise to 0.4%, the biggest The post Breaking: Bitcoin Rally Continues as US PCE Cools to 2.4%, Fed Rate Cuts Likely in June appeared first on CoinGape .
