US PCE Inflation Rises to 2.6%, Core Inflation Steady at 2.8%

The post US PCE Inflation Rises to 2.6%, Core Inflation Steady at 2.8% appeared first on Coinpedia Fintech News

The Bureau of Economic Analysis reported on Friday that the headline US PCE inflation has increased for the third month to 2.6%. Core PCE inflation in the U.S. held steady at 2.8% in December, the same as November. Stocks and Bitcoin are seeing gains as analysts and investors anticipate further growth in the coming months. …