! ! Important notice ! ! ! Important notice ! ! ! Important notice!
BlockBeats news, on June 13, according to foreign media reports, the US PPI unexpectedly fell in May, the largest drop in 7 months, further proving that inflationary pressures are easing. Data released by the US Bureau of Labor Statistics on Thursday showed that the PPI, which represents final demand, fell 0.2% from the previous month and rose 2.2% from the same period last year. Before the release of the PPI report, consumer price data in May also showed a general cooling of the economy. Since July last year, Federal Reserve officials have kept the benchmark interest rate at its highest level in more than 20 years. Wednesday's Federal Reserve dot plot showed that they expect only one rate cut this year, while waiting for further progress on inflation.
At present, inflation has eased, and there is a high probability that the rate cut will be pre-empted, and the peak of the bull market will come ahead of schedule!
