Yeliz Akmaca 
The Core Personal Consumption Expenditures (Core PCE) Price Index, a critical indicator for the US economy, has been released. Closely monitored by markets, this data is the Federal Reserve’s (Fed) preferred metric to evaluate the trajectory of inflation.
The annual figure came in at 2.7%, slightly above the market expectation of 2.6%.
Following the data release, Bitcoin traded at $106,825. After annual PCE inflation rose to 2.7%, the Dollar Index (DXY) fell by about 0.25% to 97.10.
Core Personal Consumption Expenditures Breakdown:
- Annual PCE: 2.7% (forecast: 2.6%)
- Monthly PCE: 0.2% (forecast: 0.1%)
- Annual Core PCE: 2.6% (forecast: 2.6%)
- Monthly Core PCE: 0.1% (forecast: 0.1%)
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