📢 U.S. May CPI Data Sparks Market Buzz! 💸📉

The latest CPI inflation data for May just dropped, and it's slightly better than expected — a potential boost for market sentiment! 🇺🇸

Headline CPI (YoY): 2.4%

(Forecast: 2.5%, Previous: 2.3%)

Core CPI (YoY): 2.8%

(Forecast: 2.9%, Previous: 2.8%)

The numbers suggest inflation is still gradually cooling, although Core CPI remains sticky. The slight beat on forecasts could ease pressure on the Fed for aggressive tightening. 📉💼 This has given traders some relief, with both traditional and crypto markets showing positive reactions. 📈

Markets will now shift focus to the upcoming FOMC decision and whether a rate cut timeline becomes clearer. Until then, volatility may persist, but today’s CPI data gives bulls a little breathing room. 🐂💪

#CPIData #USMarketStructureDraft #CryptoNews #MarketWatch #binancewritetoearn