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Powell: Tariffs Have Boosted Some Prices

20 hours ago

On July 31st, Federal Reserve Chair Powell stated that the year-on-year June core personal consumption expenditures (PCE) inflation rate might be 2.7%. Although inflation has moderated compared to 2022, it still remains at a relatively high level. The majority of long-term inflation expectations indicators are in line with the Fed's target. Tariffs have led to an increase in the prices of some goods. Whether inflation is transient or more persistent remains to be seen. (FX678)
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CryptoQuant Analyst: Bitcoin's New Investor Dominance Power is Growing

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