Preview: The US December Core PCE Price Index Year-over-Year will be released tonight, with an expected 2.9%

BlockBeats News: On February 20, the U.S. December Core PCE Price Index Year-over-Year will be released tonight at 21:30, with the previous value at 2.8% and the forecast at 2.9%.

PCE stands for Personal Consumption Expenditures in Chinese. The Core PCE Price Index is a key indicator of inflation in U.S. consumer spending. It was first introduced by the U.S. Department of Commerce’s Bureau of Economic Analysis and was adopted in 2002 by the Federal Reserve’s Federal Open Market Committee (FOMC) as a primary measure of inflation.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Silver Crashes 45% in 50 Days – Brutal Drop OR Surging Soon?

The recent decline in silver prices, driven by global market volatility and changing investor sentiment, raises concerns about broader market implications. This correction may influence capital allocation across various asset classes, including digital assets.

Coinfomania5h ago

Oil Price Surges Raise Concerns Over Potential Market Downturn

Oil price surges have played a significant role in shaping global financial markets during periods of economic stress. One of the most well-known examples is the 1973 Oil Crisis, when sharp increases in oil prices triggered inflation, reduced economic activity, and led to a substantial decline in st

Coinfomania7h ago

Next Week Macro Data from US and Europe to Be Released Intensively, Energy Trends Remain Focus Amid Iran War Impact

As the Iran conflict enters its fourth week, markets are focusing on energy price trends and upcoming macroeconomic data releases from the US and Europe, including US construction spending and CPI, to assess their impact on consumer prices and the overall economy.

GateNews7h ago

Bitcoin dips back below $75,000 on the eve of the Federal Reserve decision

Bitcoin recently touched $75,000 but failed to sustain the level, pulling back to $74,000, reflecting cautious sentiment among investors ahead of the upcoming Federal Reserve interest rate decision. Geopolitical risks and elevated energy prices have driven inflation higher, affecting market expectations for rate cuts and pushing the timeline for cuts to year-end. Technical analysis shows Bitcoin remains strong but has not confirmed a decisive breakout above the $75,000 level, with limited upside potential in the near term.

区块客13h ago

While the world watches oil prices, an important cash buffer of the Fed has been depleted

The macro risk of Bitcoin is rooted in the nearly depleted liquidity buffer within the financial system rather than oil price fluctuations. With the Fed's reverse repo mechanism losing effectiveness, Bitcoin's reliance on macro liquidity increases, raising concerns about potential market shocks and their impact.

TapChiBitcoin15h ago

Gold Plunges Below 4500! Stocks, Bonds, and Gold All Selling Off—Is Cash Really the Safe Haven King?

Gold has declined to $4,500 since late February 2026 due to geopolitical conflicts, with global capital markets in turmoil, the S&P 500 down 5%. U.S. Treasury yields are rising, safe-haven assets are underperforming, and capital flows into money market funds have reached historic highs, indicating a market preference for "cash is king." Bitcoin is experiencing volatility and has not yet established itself as a safe-haven asset.

ChainNewsAbmedia18h ago
Comment
0/400
No comments