🚨US May #CPI Report is Out! 🚨

The latest inflation data has just been released:

👉 CPI YoY Growth (Inflation):

• Previous: 2.3%

• Actual: 2.4%

• Expected: 2.5%

👉 Core CPI YoY Growth (Excluding Food & Energy):

• Previous: 2.8%

• Actual: 2.8%

• Expected: 2.9%

Lower-than-expected inflation points to easing price pressures, which could lead to:

Reduced likelihood of aggressive interest rate hikes by the Federal Reserve.

A more favorable environment for crypto as investors seek growth opportunities.

For crypto enthusiasts, this could mark a shift toward a more bullish market sentiment.