According to data reported by Odaily, the final expected one-year inflation rate in the United States for May has decreased to 6.6%, down from the previously expected 7.1% and significantly lower than the prior figure of 7.3%. Similarly, the five-to-ten-year inflation outlook has been revised to 4.2%, compared to the earlier forecast of 4.5% and a previous value of 4.6%.
This decline in inflation expectations may influence investor sentiment across traditional and digital asset markets. Lower long-term inflation forecasts often translate to a more stable macroeconomic environment, which could reduce volatility and enhance confidence in risk assets, including cryptocurrencies.
While the Odaily report did not specify which coin this macroeconomic shift could most directly affect, the overall trend is likely to be watched closely by traders of major cryptocurrencies such as Bitcoin ($BTC ) and Ethereum ($ETH ), as well as stablecoins that are sensitive to inflation trends.
Stay tuned to Binance News for ongoing updates on macroeconomic factors and their impact on crypto assets.