Inflation has decreased. Increased expectations for interest rate cuts. Positive for cryptocurrencies.
Binance News
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U.S. May CPI Data All Below Expectations
According to BlockBeats, the unadjusted CPI year-on-year for the U.S. in May recorded 2.4%, with market expectations at 2.5%. The unadjusted CPI month-on-month for the U.S. in May recorded 0.1%, with market expectations at 0.2%. The seasonally adjusted core CPI month-on-month for the U.S. in May recorded 0.1%, with market expectations at 0.3%. The unadjusted core CPI year-on-year for the U.S. in May recorded 2.8%, with market expectations at 2.9%.