[9.27 Crypto Market Analysis]
The latest data from the United States shows that the core PCE price index in the second quarter was fixed at 2.8%, in line with expectations, and the initial value was also 2.8%. In addition, the number of initial jobless claims on September 21 fell to 218,000, better than the expected 225,000, and the lowest point in nearly four months. These positive data may ease concerns about the economic slowdown and are good news for the ruling party in an election year. Despite this, the Federal Reserve may still remain on the sidelines before considering a rate cut.
