The US PCE index showed that inflation fell to 2.5% in June from 2.6% in the previous month, in line with Wall Street expectations.
Today, the global financial industry, not to mention the cryptocurrency market, is eagerly awaiting PCE inflation data.
According to the latest data, the inflation rate fell to 2.5% in June from 2.6% in the previous month. It is worth noting that this is also in line with market expectations, but the core inflation rate remained unchanged in June.
The US Department of Commerce recently released PCE data, which showed that the inflation rate in June had fallen to 2.5% from 2.6% in the previous month. It is worth noting that the market expects inflation to reach a similar level in June.
However, on a month-on-month basis, the personal consumption expenditure (PCE) data was 0.1%, unchanged in May. The core PCE index showed that the inflation rate was the same as in May, at 2.6%, higher than the market expectation of 2.5%. On a month-on-month basis, the core PCE index was 0.2%, higher than 0.1% in the previous month.
The cryptocurrency market seems to have reacted positively to the cooling inflation data, as evidenced by the market's current performance. However, the mixed data seems to have sparked discussions about the Fed's future policy rate plans. #美国PCE通胀放缓 #比特币大会 #美联储何时降息? $BTC $ETH