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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Nexo analyst: Next week's PCE and other macro data may affect The Federal Reserve (FED) interest rate cut decision, potentially driving BTC rise.
PANews, March 22 news, according to Cointelegraph, Nexo analyst Iliya Kalchev stated that the consumer confidence index, fourth quarter GDP, initial jobless claims, and next week's crucial Personal Consumption Expenditures (PCE) inflation data are very important. These data may affect The Federal Reserve (FED)'s interest rate cut decision, and the market may now have more confidence in the upcoming economic data. A cooling of inflation and a stable economic situation may further boost investor interest, thus driving the further rise of Bitcoin and digital assets.