#USCorePCEMay exit — inflation in the US slows down!
PCE (personal consumption expenditures index) — a key indicator monitored by the Fed. In May, the data turned out to be lower than expected, which strengthens hopes for an imminent interest rate cut.
📉 This is a positive signal for the market and crypto: the dollar could weaken, and assets like BTC and ETH — increase.
We monitor investor reactions 👀
#BinanceSquare #CryptoNews #Macroeconomics