The United States will announce the May CPI data on June 11 at 20:30.
The market expects the year-on-year growth rate of the May CPI to rise to 2.4%–2.5%, higher than April's 2.3%, marking the first acceleration in four months. The core CPI (excluding food and energy) is expected to have a year-on-year growth rate of 2.9% and a month-on-month growth rate of 0.3%.
The market anticipates a slight rise in inflation, but if the data exceeds expectations, it may suppress interest rate cut expectations, which would be unfavorable for crypto assets in the short term.
The market expects the year-on-year growth rate of the May CPI to rise to 2.4%–2.5%, higher than April's 2.3%, marking the first acceleration in four months. The core CPI (excluding food and energy) is expected to have a year-on-year growth rate of 2.9% and a month-on-month growth rate of 0.3%.
The market anticipates a slight rise in inflation, but if the data exceeds expectations, it may suppress interest rate cut expectations, which would be unfavorable for crypto assets in the short term.