PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead
Summary
The coming week centers on critical U.S. economic releases, including PCE inflation, jobless claims, and housing data, which will test market expectations for potential Federal Reserve interest rate cuts. Current indicators suggest rates will remain unchanged in June, with ongoing geopolitical tensions in the Middle East keeping energy costs and inflation risks elevated. Beyond macro data, the week features various DAO governance votes, upcoming token unlocks for projects like Grass and EigenCloud, and several international blockchain conferences.
(Source:CoinDesk)