ETH fell 3.009% in a short period of time According to Coin | Kun Lee على Binance Square

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ETH fell 3.009% in a short period of time
According to Coingecko data, <ETH> has dropped 3.009% in the short term, currently priced at $BTC 
$BTC  $ETH  $sol
 

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.

ETH

٣٬٣٣٨٫٧

-8.91%

BTC

٩٥٬٩٨٣٫٥

-5.62%

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ETH breaks through $BTC According to Coingecko data, ETH has broken through $3,300, currently trading at $3,305.81, with a 24-hour decline of 10.3%. $BTC $ETH $sol

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Expectations for a 2025 Fed rate cut rise as preferred indicators show slowing price pressures The US Federal Reserve's preferred inflation indicator showed a moderate performance in November, which is a step in the right direction for policymakers seeking further rate cuts by 2025. These data should help alleviate the Fed officials' concerns about the inflation outlook. Fed officials released their latest forecasts this week, showing that prices and interest rates will be higher in 2025. These new forecasts have triggered a sell-off in US stocks, as investors have already digested the prospect of policy tightening. Details on prices show a widespread slowdown in inflation. The core services price (a closely watched category, excluding housing and energy) rose 0.2% month-on-month, the lowest level since August. Core goods prices (excluding food and energy) declined for the first time in three months. $BTC $ETH $SOL

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Market analysis: PCE inflation unexpectedly cooled across the board, and the US dollar was sold off Odaily reports that according to financial website Forexlive's analysis of the US PCE data: Estimates based on the Consumer Price Index and other data show that the PCE price index rose 2.4% year-on-year in the 12 months to November, while the core PCE, excluding the more volatile food and energy categories, rose 2.8% year-on-year. This is an unexpectedly comprehensive cooling report, with the <Dai> being sold off and bonds rebounding. (JinShi) $BTC $ETH $SOL

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U.S. personal spending rose in November, while PCE fell Odaily Odaily reports that US consumer spending increased in November, highlighting the continued strength of the economy, which has prompted the Federal Reserve to expect a lower rate cut by 2025 than it did three months ago. Data from the US Department of Commerce shows that consumer spending, which accounts for more than two-thirds of US economic activity, rose 0.4% month-on-month last month, while the October increase was revised down to 0.3%. Economists surveyed by institutions forecast that consumer spending would increase by 0.5% in October. Strong consumer spending drove the annualized growth rate of the US economy in the third quarter to 3.1%. Economists expect consumer spending to slow only slightly this quarter. The Atlanta Fed currently expects US GDP to grow 3.2% in the fourth quarter. Federal Reserve Chairman Powell said on Wednesday that the US economy is performing very well, and he hopes the economy will continue to perform well. $BTC $ETH $SOL

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Fed's Daly: Comfortable with expectations of two rate cuts in 2025 According to the report by JinShi, Federal Reserve official Daly said in an interview that she would be satisfied with two rate cuts by 2025. She said the economy and policy are in good shape, and the Fed can return to a more typical gradual policy mode. The recent interest rate decisions have been difficult, which seems to echo the remarks made by Chairman Powell at the FOMC press conference. She said some companies are rushing to build up inventories before Trump's tariff policy is proposed. It is difficult to say whether the tariffs will lead to inflation, and the time frame and magnitude are more important. $BTC $ETH $SOL

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