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US Inflation Rises Again, Could Hawkish Fed Pivot Curb Crypto Bull Market?

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Economic data released in the United States on Wednesday has raised red flags as Core PCE inflation has increased to 2.8% for October.

It added that the clear “elephant in the room” is that inflation has leveled off above the Fed’s 2% target.Today’s data confirms ALL 3 inflation metrics are back on the rise. This week, Goldman Sachs economists predicted that tariffs would directly impact Personal Consumption Expenditures.

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