The U.S. economy grew more than expected in the second quarter, a report released on Thursday showed. Investors are awaiting an update today on the personal consumption expenditures index, the Fed’s preferred key measure of inflation. The data is expected to show a slowdown in price pressures, which could encourage investors to increase their odds of rate cuts as policymakers continue to look for evidence that inflation is cooling toward their 2% target.#PCI $BTC