Fed rate cut hopes fade as PCE inflation holds at 3.5%

PCE stays put, rate cut hopes get choked

According to CoinDesk via the CoinTurk News page, PCE inflation remains at 3.5 percent. The source frames that persistence as the reason “immediate rate cut hopes” are getting quashed.

Political heat on monetary policy

The same CoinTurk News text says Trump and his advisor are challenging the rate strategies of both the Fed and the ECB. The claim is political, but it is still relevant to markets because it adds uncertainty around how policymakers will react to inflation.

What this could mean for BTC risk

CoinTurk News also suggests that stubborn inflation data may push Bitcoin into a “riskier climate.” That is not a guarantee, but it does signal the linkage the article is drawing between macro prints and crypto risk appetite.

CoinDesk’s provided excerpt does not include more granular details, such as market pricing, bond moves, or specific channels from PCE to BTC. So the clean takeaway is simple. PCE at 3.5 percent reduces the odds of an immediate rate cut narrative, and the source expects that to spill into crypto sentiment.