{"id":145244,"date":"2024-12-20T17:54:03","date_gmt":"2024-12-20T15:54:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145244"},"modified":"2024-12-20T17:54:23","modified_gmt":"2024-12-20T15:54:23","slug":"u-s-inflation-data-released-as-bitcoin-begins-to-recover","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/u-s-inflation-data-released-as-bitcoin-begins-to-recover\/","title":{"rendered":"Bitcoin Begins to Recover After Lates U.S. Inflation Report"},"content":{"rendered":"

As a result, Bitcoin<\/a> <\/strong>dropped below $93,000, before the release of the latest Personal Consumption Expenditures (PCE) data, a key inflation indicator closely watched by the Federal Reserve when making interest rate decisions.<\/p>\n

For November, the Core Personal Consumption Expenditure Price Index (YoY) came in at 2.8%, matching the previous month\u2019s figure and falling slightly below the expected 2.9%.<\/p>\n

On a monthly basis, the Core PCE Price Index rose by just 0.1%, under the expected 0.2% and lower than the previous 0.3%.<\/p>\n