#USCorePCEMay
It has been released — inflation in the USA is slowing down!
PCE (Personal Consumption Expenditures index) — a key indicator monitored by the Fed. In May, the data turned out to be lower than expected, which strengthens hopes for a quick rate cut.
📉 This is a positive signal for the markets and crypto: the dollar may weaken, and assets like BTC and ETH may rise.
We are watching the investors' reaction.