By Michael Adeleke Key highlights: The probability of a Fed rate hike at the next FOMC meeting fell to 37.6% August’s PCE price index rose 3.4% annually, below the 3.7% economists expected New York Fed President John Williams said he sees “no need for urgency” on another rate hike The chances of the Federal Reserve […]
Tag: PCE
By Michael Adeleke Key highlights: Bitcoin posted its highest weekly close in eight months, finishing above $84,000 The price hit $87,401 on September 21, the highest since January U.S. spot Bitcoin ETFs saw their best week since the October 2025 crash However, the buying did not hold its pace. Daily inflows peaked on Monday and […]
By Jordan Lyanchev Bitcoin’s rally from under $65,000 to over $81,000 faced its first major macro setback after Fed Chair Kevin Warsh delivered a hawkish message at Jackson Hole on Friday. The bigger question now is whether potentially higher rates and rising Treasury yields can derail the impressive market recovery. Although BTC remained relatively stable […]