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US PCE inflation reportedly hits four-month high amid December rate-hike fears
Two posts claim US stocks lost $470 billion at the open, linking the selloff to inflation and rate-hike fears.
TLDR
One post says December rate-hike fears are surging after PCE inflation hit a four-month high, and claims $470 billion was wiped from US stocks at the open. Another argues higher rates would weigh on growth-stock valuations and asks whether tighter financial conditions might prompt more Bitcoin selling.
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