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US Core PCE In July Was 4.2%, Bitcoin Trading Stable Above $27,000
    Posted on 09/01/2023
In the US, the latest data from the Bureau of Economic Analysis disclosed that the inflation rate, as gauged by the yearly change in the Personal Consumption Expenditures (PCE) Price Index, surged to 3.3% in July from June's 3%. This aligns with market forecasts and suggests an ongoing inflationary trend.
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