đGood news! Odaily Planet Daily reported that the annual rate of the US core PCE price index in May was 2.6%, in line with expectations and lower than the previous value of 2.8%. đThis index reflects changes in consumer spending and is the main tool for the Federal Reserve to measure inflation. đ
Looking at the monthly rate, the monthly rate of the US core PCE price index in May was 0.1%, which was also in line with expectations and lower than the previous value of 0.2%. đThis shows that inflationary pressure has eased, which is good news for cryptocurrency markets such as Bitcoin. đ
Although we remain neutral on the market, we are optimistic about the prospects of Bitcoin. đ°After all, the value of Bitcoin is not entirely affected by inflation, and its decentralized nature makes it sought after worldwide. đ
In general, this news is a good source of information for friends who are concerned about global regulatory trends, industry trends, and cryptocurrency news on blockchain. đLet's continue to pay attention to future market trends! đ