TechFlow news, according to Jinshi Data, the annual core PCE price index in the U.S. for May rose 2.6%, meeting expectations and down from the previous 2.8%, marking the smallest increase since March 2021. Meanwhile, the monthly core PCE price index for May rose 0.1%, the lowest increase since November 2023. After the data release, the dollar index (DXY) dropped 21 points, currently at 105.82. As a result, traders have increased bets on Federal Reserve rate cuts.
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