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Tom Lee Says PCE Revision Could Show The Fed Hiked Too Early, Calls Walkback Bullish For Crypto

A new measure of inflation might shave as much as 0.4 percentage points off of core personal consumption expenditures (PCE), Tom Lee said. The shift, due out Sept. 30, could signal the Fed hiked rates too soon, he said, adding a switch to neutral policy is good for Bitcoin (BTC).Lee told CNBC on Fr…

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4 percentage points off of core personal consumption expenditures (PCE), Tom Lee said. The shift, due out Sept. Lee told CNBC on Fr…