The latest round of American economic indicators just rolled out, and traders are already parsing what it means for liquidity and policy direction.
GDP came in hot—4.3% against forecasts of 3.3% and the prior reading of 3.8%. That's notably stronger than expected. Meanwhile, the PCE inflation metric (the Fed's preferred gauge) landed at 2.9% for Q3, matching expectations but sitting above the 2.6% print from the previous quarter. Core PCE inflation jumped to 3.5%, significantly outpacing the 2.7% forecast and the 2.1% prior level.
What does this mean? Stronger growth paired with sticky inflation—exactly the kind of backdrop that keeps the Fed cautious about rate cuts. For crypto markets heavily influenced by macro flows and risk appetite, this data shapes everything from Bitcoin momentum to altcoin rotation.
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CommunitySlacker
· 21h ago
Wait, GDP 4.3% is so explosive? But inflation is still jumping... The Fed wants to hold off on lowering interest rates, I understand now.
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MetaverseLandlord
· 21h ago
Core PCE has taken off again, is the Fed playing with us? Interest rate cuts are still far away.
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OldLeekConfession
· 21h ago
GDP exceeded expectations again, but the old monster of inflation is still not dead... The Fed definitely won't dare to act now.
Core PCE skyrocketed from 2.1% to 3.5%, this rise is outrageous, the crypto world is going to suffer.
Strong growth + high inflation, when can both be satisfied at the same time, it feels like the Fed is caught in the middle.
Then BTC has to continue to fluctuate, Liquidity can change on a dime, we need to be prepared.
3.5% core inflation is truly incredible, the rate cut seems far away, how can coin prices rise?
U.S. Economic Data Just Hit Markets
The latest round of American economic indicators just rolled out, and traders are already parsing what it means for liquidity and policy direction.
GDP came in hot—4.3% against forecasts of 3.3% and the prior reading of 3.8%. That's notably stronger than expected. Meanwhile, the PCE inflation metric (the Fed's preferred gauge) landed at 2.9% for Q3, matching expectations but sitting above the 2.6% print from the previous quarter. Core PCE inflation jumped to 3.5%, significantly outpacing the 2.7% forecast and the 2.1% prior level.
What does this mean? Stronger growth paired with sticky inflation—exactly the kind of backdrop that keeps the Fed cautious about rate cuts. For crypto markets heavily influenced by macro flows and risk appetite, this data shapes everything from Bitcoin momentum to altcoin rotation.