#Binance
WARNING: Drop in interest rates at #EUA , Regarding interest rates, there is an expectation of a drop in the United States, especially after the release of the consumer price index (CPI) for April, this Tuesday. The data showed an increase of 0.2% last month and 2.3% over the past 12 months – below market expectations. The Federal Reserve (#Fed , the country's central bank) has an inflation target of 2%.
After the release of #CPI , the market began to anticipate cuts of 50 basis points, according to the monitoring tool of the CME Group. Reductions in rates – currently between 4.25% and 4.50% – usually have a positive impact on risk assets, such as cryptocurrencies. #TaxasBaixas