Friday, June 2, 2023
  • Login
  • Register
btclive365.com
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
btclive365.com
No Result
View All Result
Home Forex Trading

PCE data underscores slow progress on inflation

btclive365 by btclive365
May 26, 2023
in Forex Trading
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Share:

In an interview with CNBC on Friday, Federal Reserve Bank of Cleveland President Loretta Mester said that the Personal Consumption Expenditures (PCE) Price Index released on Friday underscored the slow progress on inflation. 

Breaking: US Core PCE inflation increases to 4.7% vs. 4.6% anticipated.

“It’s probably not wise to sort of pre-guess what the meeting outcome will be,” Mester said when asked whether another rate increase is warranted at the upcoming FOMC meeting. 

Key takeaways

“Tighter monetary policy is still feeding into the economy.”

“I may have to revise up my inflation forecast.”

“Everything is on the table for the June FOMC meeting.”

“Fed is very committed to lowering inflation in timely way.”

“Fed still has more data to see ahead of the June FOMC meeting.”

“Have not sees much sign of banking stress affecting credit conditions.”

“Economy has slowed quite a bit relative to last year.”

“Important for the Fed not to under tighten monetary policy.”

“Right now is the hard part for monetary policy decisions.”

Market reaction

The US Dollar Index stays in positive territory above 104.30 following these comments.



Source link

Previous Post

Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Next Post

Why Cardano (ADA) and Chainlink (LINK) Investors Are Flocking To InQubeta (QUBE) Presale

btclive365

btclive365

Next Post

Why Cardano (ADA) and Chainlink (LINK) Investors Are Flocking To InQubeta (QUBE) Presale

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

How to sell Bitcoin – Bitcoin Magazine

November 9, 2022

Add a Tangible Asset to Your Portfolio: Buy Gold

January 7, 2023

Building Bitcoin Standard In Portugal – Bitcoin Magazine

November 9, 2022

USD/ZAR Rallies as SA President Ramaphosa Faces Potential Impeachment

December 1, 2022

Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves

1

Building Homesteader Lifestyle With Bitcoin – Bitcoin Magazine

1

Arbitrum dealings activity rockets 550% since August: Delphi Digital

0

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin News

0

Cardano Network Witnesses A Spike In Network Activities! Is ADA Price Set To Hit $0.4 Mark?

June 2, 2023

Arbitrum is Trading 10.87% Above Our Price Prediction for Jun 07, 2023

June 2, 2023

USD/JPY could drop to 130 again with YCC adjustment – SocGen

June 2, 2023

Private ID verification wins Binance Web3 reality show

June 2, 2023

Recent News

Cardano Network Witnesses A Spike In Network Activities! Is ADA Price Set To Hit $0.4 Mark?

June 2, 2023

Arbitrum is Trading 10.87% Above Our Price Prediction for Jun 07, 2023

June 2, 2023

USD/JPY could drop to 130 again with YCC adjustment – SocGen

June 2, 2023

Private ID verification wins Binance Web3 reality show

June 2, 2023

We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, NFTs, and Altcoin trends and happenings

Follow Us

Browse by Category

  • Altcoins
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Cryptocurrency News Today
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

Recent News

Cardano Network Witnesses A Spike In Network Activities! Is ADA Price Set To Hit $0.4 Mark?

June 2, 2023

Arbitrum is Trading 10.87% Above Our Price Prediction for Jun 07, 2023

June 2, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 btclive365 All Right Rivered .

No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

© 2022 btclive365 All Right Rivered .

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In