The release of PCE data shows the resilience of the US economy, leading to a decrease in market bets on interest rate cuts
According to Jin10's report, the US PCE data has been released, showing that the US economy still has resilience. Market bets on a rate cut by the Federal Reserve have decreased, and how gold will be traded in the short term needs to be monitored.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CertiK: USPD contract attack resulted in a loss of approximately $1 million, with the entire attack lasting 2 months
Pundi AI partners with Assemble AI: Creating verifiable crypto intelligence for 1.6 million users
A whale has staked 24,000 ETH held for 5 months, currently with an unrealized profit of $15.2 million.