🌕 Gate Square · Mid-Autumn Creator Incentive Program is Live!
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
💡 Post Ideas:
1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
Brazil's inflation unexpectedly cools, traders lower interest rate cut expectations
On June 10, the annual inflation rate in Brazil fell more than expected in May, breaking a three-month rising trend before central bank officials met to decide whether to continue the aggressive interest rate hike cycle. Official data released on Tuesday showed that consumer prices rose 5.32 percent year-on-year, compared with the survey's median forecast of 5.39 percent. The monthly inflation rate was 0.26%. The January 2027 interest rate swap contract, a gauge of market expectations for monetary policy, fell more than 11 basis points in early trading after inflation slowed more than expected. Investors have also lowered their expectations for another rate hike at next week's meeting.