Tom Lee Says PCE Revision Could Show The Fed Hiked Too Early, Calls Walkback Bullish For Crypto
Tom Lee said a move toward lower rates and less restrictive policy would support crypto. Tom Lee said on Friday that September inflation revisions could show the Fed tightened too early. Revised PCE methodology may lower core inflation readings by 0.2 to 0.4 points. Lee claimed the gap’s causes didn’t affect most households. “The average … Read more