The PCE inflation data favored by the Federal Reserve is here. Will interest rates move next week?

【BitPush】The Fed’s most closely watched inflation indicator, the PCE, performed roughly in line with expectations in November. The specific data is as follows: Core PCE Price Index increased by 0.2% month-over-month and 2.8% year-over-year. However, there is a detail—due to the government shutdown disrupting the data release schedule, these figures actually reflect the situation in November of last year.

This means the real-time reference value of the data is somewhat diminished. Federal Reserve officials are unlikely to place too much weight on this data. The market generally expects that the Fed will likely keep interest rates unchanged at next week’s policy meeting.

For traders, this signals an important message—the inflation remains sticky, but there is no obvious deterioration. This stable macroeconomic outlook is often a key backdrop for whether risk assets like Bitcoin can continue to rise.