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Cointelegraph Published "Longitude" Magazine, Issue 8 | Hong Kong | February 12, 2026
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U.S. November Inflation Data Just Released — Core PCE Year-over-Year Growth Rate at 2.8%, Fully In Line with Expectations. Sounds good, but don’t get too excited just yet; this data has a bit of a “stale” feel. During the government shutdown, economic data reports were delayed, and this set of numbers actually reflects the situation from a few months ago, so it should be taken with a grain of salt.
Looking at the current situation, it’s quite interesting — although inflation remains somewhat sticky, consumer spending is not backing down at all. People are still spending, with steady growth in
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memecoin_therapyvip:
The saying that data is outdated is spot on; it definitely needs to be viewed with some skepticism. But honestly, with the Federal Reserve's current stance, there's really no chance of a rate cut in the short term. We just have to be patient and wait.
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