mery Contreras
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#USCorePCEMay outcome — Inflation in the U.S. is slowing down!
PCE (Personal Consumption Expenditures Index) — a key indicator that the Federal Reserve monitors. In May, the data turned out to be below expectations, reinforcing hopes for an imminent rate cut.
📉 This is a positive sign for the markets and cryptocurrencies: the dollar could weaken, and assets like BTC and ETH could rise.
We are watching the investors' reaction 👀
#BinanceSquare
PCE (Personal Consumption Expenditures Index) — a key indicator that the Federal Reserve monitors. In May, the data turned out to be below expectations, reinforcing hopes for an imminent rate cut.
📉 This is a positive sign for the markets and cryptocurrencies: the dollar could weaken, and assets like BTC and ETH could rise.
We are watching the investors' reaction 👀
#BinanceSquare
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