CoinAnk

US stock futures hit a historic high! PCE is about to announce, will BTC be affected by linkage?

CoinAnk

Macro interpretation: Tonight at 20:30, global financial markets are holding their breath as the May core PCE price index for the United States is about to be released. Economists generally expect the year-on-year growth rate of this data to reach 2.6%. If the actual data is lower than expected, as predicted by Wall Street Journal reporter Nick Timiraos, the path for the Federal Reserve to cut interest rates will suddenly become clear. Coincidentally, just before the data was released, the th...