The IPC data came slightly favorable for #BTC e #altcoin.
1. IPC
Current: 0.2%
Projection: 0.3%
Previous: -0.1%
Came in below the projection, indicating lower inflationary pressure than expected.
2. Core Monthly IPC (April)
Current: 0.2%
Projection: 0.3%
Previous: 0.1%
Also below the projection, another positive data point in controlling inflation.
3. Annual IPC (April)
Current: 2.3%
Projection: 2.4%
Previous: 2.4%
A slight annual decrease, moving towards the 2% target.
Today's data suggests that inflation is slowing down, which may increase the chances of interest rate cuts by the Fed in the coming months. If this trend continues, it looks good!