Tonight at 8:30 PM, the U.S. March Core PCE Price Index YoY will be released 🌟🌟🌟🌟


This is the inflation indicator most valued by the Federal Reserve, directly determining the pace of future rate cuts, and will also be the key catalyst for short-term movements in Bitcoin (BTC) and Ethereum (ETH).
Data logic: Core PCE is the Fed's key inflation benchmark. If the data is below expectations → it reinforces rate cut expectations → the dollar weakens, and risk assets (cryptocurrencies) rise; if the data is above expectations → rate cut expectations cool down → the dollar strengthens, and cryptocurrencies come under pressure.
#Gate上線Pre-IPOs #創作者衝榜 #加密市場小幅下跌 #btc #eth
BTC1,51%
ETH0,36%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin