🚨Urgent: Surprise in U.S. inflation data.. the green light for the Fed to cut interest rates.

This means inflation is lower than expected, which boosts the chance of an interest rate cut.

Now there's a chance of a rise $BTC and speculation is important now.

Markets expect an initial cut in September, and possibly a second one later.

If similar data continues later, the interest rate differential between the dollar and other currencies will end with more investment inflation, especially in stocks and cryptocurrencies like BTC.

U.S. inflation data was released moments ago, showing a new decline granting the green light for the Fed to lower interest rates if deemed possible.

The Consumer Price Index (CPI) grew year-over-year by 2.4%, which is lower than the expected 2.5% but higher than the previous reading. Month-over-month, the CPI grew by 0.1%, below the expected 0.2%.

Similarly, the results of the Core Consumer Price Index (excluding food and energy) for May were positive, growing year-over-year by 2.8%, lower than the expected 2.9%. Month-over-month, it grew by 0.1%, which is below the expected 0.3%.

Federal Reserve expectations after the inflation data

The positive data contributed to raising expectations for an interest rate cut in September by the U.S. Federal Reserve. Traders now expect two rate cuts in 2025.