Bitcoin's Fed test split between September 16 decision and revised 30-day PCE
- 1Bitcoin's next Fed test is split. The FOMC will decide on September 16 after seeing August employment, PPI, and CPI; August PCE arrives September 30
- 2Governor Waller said the methodology change to portfolio management services could lower 12-month PCE by a few tenths of a percentage point. It is a one-item estimate
- 3The policy decision comes first, with the measurement reset two weeks later. Each could shift rate expectations, but no price signals are locked in
This 3-line summary is compiled from the report below.
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