MarketsHighReported
7.9
US Stocks Rise, Yields Fall on Cooler Inflation Print
InfoMoney·US·about 11 hours ago
Core PCE rose 0.2% in August, below expectations, reducing odds of another Fed rate hike and boosting risk assets. Bitcoin ETFs saw nine consecutive sessions of inflows, supporting the rally. The move signals continued risk-on sentiment in crypto markets, though sustainability depends on upcoming data and Fed guidance.