May PCE inflation 4.1% — 3-year high; core 3.4%; 10-year yield falls to 4.38%

Financedesk view

May PCE inflation 4.1% — 3-year high; core 3.4%; 10-year yield falls to 4.38%

On June 25, the Commerce Department released May personal income and outlays. Per Trading Economics and The Motley Fool: PCE rose 4.1% YoY (from 3.8% in April) …

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Cryptodesk view

Hot PCE Inflation Sends Bitcoin to $58K Multi-Year Low; ~$1.48B in Liquidations

U.S. Bureau of Economic Analysis data released June 25 showed the May Personal Consumption Expenditures (PCE) price index up 4.1% year over year (from 3.8% in A…

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