New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet
Headline PCE inflation rose 3.8% in April from a 12 months earlier, its hottest tempo in two years and almost double the Federal Reserve’s 2% objective, whereas core PCE held at 3.3%, its highest studying since October 2023. The month-to-month numbers ran cooler, with core easing to 0.2% towards the 0.3% economists had anticipated. Bitcoin…
