🇺🇸 US July Personal Income and Spending Data (26/08 15:30)
▪️ Personal Income: 0.4% (Forecast: 0.2%) ▪️ Personal Spending: 0.2% (Forecast: 0.1%)
▪️ Real Personal Spending: 0.0% (Previous: 0.4%) Assessment: The personal income data coming in above expectations, pointing to that inflationary pressures could persist, may increase uncertainty over the Fed’s interest-rate policy. This could lead to limited volatility in crypto markets by weighing on global risk appetite.
#BinanceSquare #MacroNews #Markets
▪️ Personal Income: 0.4% (Forecast: 0.2%) ▪️ Personal Spending: 0.2% (Forecast: 0.1%)
▪️ Real Personal Spending: 0.0% (Previous: 0.4%) Assessment: The personal income data coming in above expectations, pointing to that inflationary pressures could persist, may increase uncertainty over the Fed’s interest-rate policy. This could lead to limited volatility in crypto markets by weighing on global risk appetite.
#BinanceSquare #MacroNews #Markets
