Forbes analyzes that upward revisions in inflation expectations may trigger concerns about stagflation
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Forbes analysis indicates that bitcoin and gold have recently shown divergent trends, with bitcoin prices falling while gold prices have surged. Trump has threatened to impose tariffs on eight NATO allies, and the market is highly focused on inflation data. The CEO of Bank of America has warned about risks in the cryptocurrency market, while economists from Barclays and Morgan Stanley expect the US Personal Consumption Expenditures Price Index (PCE) forecast for December, to be released on Thursday, to be 2.8% and 2.9% respectively, which could trigger concerns about stagflation.
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