Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee—you’ll need it. The financial market became much more unpredictable due to creeping inflation, political power plays, and market jitters. As the Federal Reserve (Fed) holds steady, new reports suggest the next big shift may come not from data, but from Donald Trump.
Crypto News of the Day: US Inflation Rises While Spending Slips
The Fed’s preferred inflation gauge, PCE (Personal Consumption Expenditures), rose in May. According to the latest data, the Core PCE Price Index rose 0.2% month-over-month (MoM) and 2.7% year-over-year (YoY), slightly above forecasts.
Headline PCE came in as expected, rising 0.1% on the month and 2.3% YoY
Like the US CPI, this is the first rise in PCE inflation since February. Against this backdrop, experts
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Author: Lockridge Okoth
