UNI falls below $8
The Bitget ticker shows UNI dropping below $8 and is now at $7.99, a 24-hour gain of 1.65%.
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The US July PCE price index rose 3.7% year-on-year, cooling consumption provides room for the Federal Reserve to stand pat.
In the US, the July PCE price index rose by 0.2% month-on-month, with the year-on-year increase remaining at 3.7%. The core PCE price index increased by 3.3% year-on-year, in line with expectations. Actual personal consumption expenditures remained flat month-on-month, and slower wage growth contributed to a rise in the savings rate. The combination of moderate inflation and cooling consumption provides data support for the Federal Reserve to keep interest rates unchanged.
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