U.S. Core PCE Unchanged at 2.9% in August, Crypto Market Responds

The U.S. core PCE price index for August reported a 2.9% year-on-year increase, remaining steady and aligning with market forecasts, according to Jinshi’s analysis. Market stability prevails as the U.S. inflation data meets expectations, leaving crypto asset prices and on-chain flows largely unchanged, suggesting continued economic steadiness.