Powell gets fresh ammo as June PCE and core readings beat expectations
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最新报道：Federal Reserve Chair Jerome Powell stated that the June PCE core inflation readings were "quite good," signaling progress in the central bank's efforts to curb price pressures. The latest data showed the core PCE price index rose 2.6% year-over-year in June, aligning with expectations. Powell emphasized the Fed remains data-dependent but noted recent economic indicators suggest cooling inflation, though more evidence is needed before considering rate cuts. Markets reacted positively, with Bitcoin holding above $60,000 as investors interpreted the remarks as dovish. The Fed's next policy meeting in late July will closely scrutinize incoming inflation and employment data.
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