#USCorePCEMay out — inflation in the US has slowed down!

PCE (personal consumption expenditures index) — a key indicator monitored by the Fed. In May, the data came in lower than expected, which strengthened expectations for an interest rate cut soon.

📉 This is a positive sign for markets and crypto: the dollar may weaken, and assets like BTC and ETH — may rise.

Let's monitor the reaction of investors 👀

#BinanceSquare #CryptoNews #Macroeconomics