Fed raises 2026 core PCE forecast to 3.4%
- —2026 core PCE forecast raised from 3.3% to 3.4%
- —Unemployment forecast lowered: around 4.1% through 2029
- —U.S. GDP growth estimates left without significant changes
Why it matters: Persistent above-target inflation strengthens expectations of a hawkish Fed policy, weighing on bitcoin and risk assets.
Source: Bloomingbit