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* BREAKING: United States Core PCE Price Index (YoY) (Jul) Actual: 2.9% Expected: 2.9% Previous: 2.8% The Core PCE at 2.9% YoY met expectations, signaling stable but slightly rising inflation. This supports odds of Fed rate cuts in September, which could boost liquidity and benefit crypto as risk assets. However, the uptick from 2.8% has sparked short-term volatility, with Bitcoin dipping ~3% today. Overall, neutral to mildly positive for markets if cuts proceed.
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