Core PCE is expected to cool down. Will gold go crazy again?
Will the PCE report confirm that the Fed continues to make progress on inflation? Gold bulls are in high spirits, and any downside surprises could ignite a new round of gains...

Will the PCE report confirm that the Fed continues to make progress on inflation? Gold bulls are in high spirits, and any downside surprises could ignite a new round of gains...
Both gold and Bitcoin have hit record highs this year, but their sharp rises came long after inflation peaked in June 2022.
At 1:30 pm local time on February 13, the U.S. Bureau of Labor Statistics (BLS) released the latest core inflation data for January.
The U.S. economy grapples with inflation challenges while navigating a complex monetary landscape. Despite the hope brought by a slowdown in inflation, underlying issues in financial markets and corporate debt pose significant threats. As the nation sails forward, the path to economic stability remains uncertain, emphasizing the need for cautious optimism
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.
The price of bitcoin gained 15% over the weekend as traders wait for positive U.S. inflation data.
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin.
In response to soaring inflation, Argentina has increasingly become a crypto-friendly country when it comes to cryptocurrency adoption.
In response to surging inflation, Argentina has become an increasingly crypto-friendly country in terms of adoption.
The AXIA native cryptocurrency becomes scarce as the activity or participation on the network increases.