ChainCatcher report, according to CNBC, "Fed Whisperer" Nick Timiraos forecasts that U.S. December PCE inflation (both core and overall) will rise 0.37% month-over-month (annualized at 4.5%). This would push the annual core PCE index to 3%, the highest level since February 2025. The annual overall PCE rate is expected to reach 2.9%, the highest level since March 2024.
Fed's 'Spokesperson' Forecasts 0.37% MoM PCE Inflation for December
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Summary
CFT measures remain in focus as the Fed’s spokesperson, Nick Timiraos, forecasts U.S. PCE inflation (core and overall) to rise 0.37% MoM in December, annualized at 4.5%. Core PCE is expected to reach 3%, the highest since February 2025, while overall PCE may hit 2.9%, the highest since March 2024. With inflation pressures persisting, BTC as a hedge against inflation continues to attract attention from investors seeking protection.
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