Inflation has decreased. Increased expectations for interest rate cuts. Positive for cryptocurrency.
Binance News
--
U.S. May CPI data all below expectations
According to BlockBeats, the U.S. May unadjusted CPI year-on-year recorded 2.4%, with market expectations at 2.5%. The U.S. May unadjusted CPI month-on-month recorded 0.1%, with market expectations at 0.2%. The U.S. May adjusted core CPI month-on-month recorded 0.1%, with market expectations at 0.3%. The U.S. May unadjusted core CPI year-on-year recorded 2.8%, with market expectations at 2.9%.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.