U.S. Core PCE Hits 2.9% in August, Matches Expectations – Does This Clear the Path for Bitcoin?

U.S. Core PCE Hits 2.9% in August, Matches Expectations – Does This Clear the Path for Bitcoin?

The U.S. Core PCE Price Index, the Federal Reserve’s preferred inflation gauge, came in at 2.9% year-over-year for August 2025, in line with market forecasts.The broader PCE index, which includes food and energy, climbed 2.7% year-over-year and 0.3% from the previous month, suggesting price pressures are easing but not fully … Source link

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China to require export licenses for EVs starting in 2026

China to require export licenses for EVs starting in 2026

On the Dash: China will require export licenses for EVs starting in 2026, limiting applications to automakers and authorized firms. The move targets unregulated traders whose exports have hurt after-sales support, brand reputation, and pricing abroad. EV exports from China reached 1.65 million units in 2024, nearly double 2022 levels, highlighting rapid growth. China will…

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