Fed’s Favorite Inflation Metric Hits Lowest Since 2021: Is This Bullish for Bitcoin?

Feds Favorite Inflation Measure Drops to Lowest Level Since September, Easing Market Concerns

The Federal Reserve’s favorite measure of inflation has dropped to its lowest point since last fall, bringing some relief to anxious markets. The Personal Consumption Expenditures (PCE) index rose by just 2.1% in April compared to a year earlier, down from 2.3% in March. This is the lowest inflation rate recorded since September, according to data from the Commerce Department. When looking at core PCE prices, which exclude food and energy costs,…

Fed’s favorite inflation metric hits lowest since 2021: is this bullish for Bitcoin?

Tariffs still haven't triggered significant inflation in April, which could benefit Bitcoin.