PCE data was released, inflation recovered, and there is a possibility of a rate cut in September in the future.
This time the announcement is: May core PCE annual rate.
PCE, expected value: 2.6%, announced value: 2.6%
Announced value = expected value, in line with expectations
Although in line with expectations, this PCE data is the smallest increase since March 2021.
Further proves that inflation in the first quarter has regained vitality. If it continues in the next two months, the Federal Reserve may finally have the confidence to cut interest rates in September.
Although BTC has not risen, it can start to lay out after several data feedbacks.
Among them, you can pay attention to: Lista
With the support of Binance Labs, Lista has strengthened liquidity staking and yield farming. Holders enjoy dividends, staking rewards, voting rights and trading discounts, increasing the utility of tokens.
SlisBNB within the Lista DAO ecosystem is a revenue version of BNB that enhances liquidity and provides opportunities for mortgage loans and governance participation. Backed by ongoing security upgrades, staking BNB for SlisBNB increases market liquidity.
Lista DAO’s liquidity staking protocol is built for growth! It supports lending, borrowing, and yield farming, leveraging its robust infrastructure. Security enhancements and decentralized governance ensure reliability and drive strategic development in line with user preferences.
Worth watching.
